Describe how you would apply the segmentation

Assignment Help Marketing Management
Reference no: EM13735514

Assume the role of Marketing Manager. Select a product (good or service) that is sold in the United States and has sales opportunities in a foreign market. Apply your critical thinking skills and the knowledge you have acquired throughout this course and address the following in your Final Paper:

Describe the product you selected in terms of the four utilities of customer value.

Identify the product's target market at home and in your stated foreign market.

Indicate the competition of the product category in both home and foreign markets.

Explain how you would apply the segmentation, targeting, and positioning (STP) approach to market the product in the foreign market.

Discuss the major environmental facts and trends in the foreign markets that might affect sales of the product.

Explain how you would develop, execute. and measure a campaign for this product considering the four p's (product, price, promotion, and place).

Discuss the U.S. and international ethical marketing considerations.

Reference no: EM13735514

Questions Cloud

Evaluates alternatives an organization : Write a paper of no more than 1,400 words that evaluates alternatives an organization must consider to realize growth. (Company is Safeco Insurance)
Discuss the basic relationships in an mrp system : Discuss the basic relationships in an mrp system. Use the text and any other resources for this project. I am intentionally giving a lot of latitude here so you can either find an article that suits you or take a more basic approach to increase y..
What is the estimated capital investment : Today (year 0) a new 7-megaWatt (MW) solar panel farm is constructed at a cost of $14 million. Four years from today, a smaller 6-MW solar farm will be added to the existing farm. The inflation rate on solar panel construction projects averages 8% pe..
External and internal environmental analysis : Complete the external environmental scan for your organization. (The organization is SAFECO Insurance) Perform an internal competitive environmental scan for your organization.
Describe how you would apply the segmentation : Explain how you would apply the segmentation, targeting, and positioning (STP) approach to market the product in the foreign market. Discuss the major environmental facts and trends in the foreign markets that might affect sales of the product
Examine the significant changes to health care policies : Examine the significant changes to health care policies that have affected the overall quality of health care since the end of the 20th Century compared to the present day.
Outlining the research approach : Write a proposal of no more than 750 words, outlining the research approach you will use for your Strategic Plan. Include the following:
Brief summary of fortunes and misfortunes : Using a search engine of your own choosing, investigate Volkswagen's performance over the past two years. Write a brief summary of their fortunes and misfortunes.
Comparative advantage in the production of a good or service : How can a domestic producer determine whether or not it has a comparative advantage in the production of a good or service?

Reviews

Write a Review

Marketing Management Questions & Answers

  Analyze the new business opportunity and the strategies

Analyze the new business opportunity and the strategies undertaken to support this business initiative for the company. Assess the benefits and explain the potential business growth of the new product or service. Note: Ensure to carefully evaluate ..

  Prepare an email for your company

Prepare an email for your company that you would send to potential customers/retailers. Make sure that you include your value proposition

  Share your research findings on a company of your choice

share your research findings on a company of your choice. include the companys mission statement and its congruence

  Prepare a report outlining the advantages and disadvantages

Prepare a report outlining the advantages and disadvantages of both situations and to make your recommendations - You are hired by the owner to be the new company environmental manager and your first task is to overcome these obstacles and move the ..

  Explain biometric security devices

Explain Biometric Security Devices and assume you are working for a medium-sized company that sells products on its Web site and that the company keeps the computers that run its Web server

  Normal 0 false false false en-us x-none

normal 0 false false false en-us x-none x-none

  Imagine that you are a manager responsible for implementing

imagine that you are a manager responsible for implementing a significant technology change within an organization.

  Summary slide which addresses key points of your paper

In this assignment, you will create a PowerPoint presentation that outlines what you believe will be the biggest challenges facing organizations in the next twenty (20) years. Provide one (1) summary slide which addresses key points of your paper

  Write a comprehensive marketing plan

Imagine you work for a company that produces software, and the Research and Development department has a developed a way of getting information from consumers about their buying habits and producing an 'unmet needs list' that accurately anticipate..

  Avon calls on foreign markets

Why is Avon so much more dependent on its foreign operations than on its home ( U.S.) operations?

  Choose a phase in the systems development life cycle sdlc

choose a phase in the systems development life cycle sdlc and describe the tasks that make up the phase. what are some

  Explain kodak an expert review

Explain Kodak An Expert Review based on the following criteria Consistency and Accessibility

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd