Critically evaluate segmentation as both concept and process

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Reference no: EM132318462 , Length: word count:4000

Strategic Marketing Assignment -

Answer two COMPULSORY questions:

Question 1 - The principle of segmentation is fundamental to Strategic Marketing and implies that organisations should approach unique groups of customers/consumers in different ways. Students must do the following:

a) Using relevant academic literature, critically evaluate segmentation as both a concept and a process. What implications does this have for an organisation's value propositions?

b) Based on this evaluation, select an organisation and use examples from the last three years. Critically evaluate to what extent using a segmentation approach has created value for both the customer and the organisation and make recommendations for improvements.

Question 2 - Reflecting upon your experience of playing the Marketplace simulation, critically evaluate which of the decisions that your group made related to the marketing mix had the greatest impact (positive and negative) on your final results, and what could you have done differently? You MUST use data from the game to support your arguments.

Word limit - 4000 words. Question 1- 3,000 words and Question 2- 1000 words.

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Reference no: EM132318462

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len2318462

6/8/2019 12:21:37 AM

Instructions: Need 4000 words. Share Grammarly report along with the solution. Word limit (4000 words for the whole assignment) Question 1- 3,000 words plus or minus 10% and Question 2- 1000 words plus or minus 10%. You will be penalized for not following the word limits. Please indicate the total number of words used for each question. Marks are awarded out of a total of 100. Marks are allocated as follows: Q1 - 63 marks in total and Q2 – 27 marks in total. Presentation, effort, grammar, syntax, spelling, use of references, correct use of tables, figures etc – 10 marks in total.

len2318462

6/8/2019 12:21:30 AM

PLEASE NOTE: Assignment that is received after 09:00, will be recorded at having arrived the next working day. Assignment that is not submitted on Tabula by the deadline on the due date, will be considered late. Penalties for lateness is applied at the rate of 3 percentage points per university working day after the due date, up to a maximum of 10 university days late. After this period, the work will be counted as a non-submission.

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