Evaluating the potential of a specific bop market segment

Assignment Help Marketing Management
Reference no: EM132273632

Case Questions: 1. As a junior member of your company's committee to explore new markets, you have received a memo from the chairperson telling you to be prepared at the next meeting to discuss key questions that need to be addressed if the company decides to look further into the possibility of marketing to the BOP segment. The ultimate goal of this meeting will be to establish a set of general guidelines to use in developing a market strategy for any one of the company's products to be marketed to the "aspirational poor." These guidelines need not be company or product specific at this time. In fact, think of the final guideline as a checklist-a series of questions that a company could use as a start in evaluating the potential of a specific BOP market segment for one of its products.

2. Marketing to the BOP raises a number of issues revolving around the social responsibility of marketing efforts. Write a position paper either pro or con on one of the following:

a. Is it exploitation for a company to profit from selling soaps, shampoo, personal computers, and ice cream, and so on, to people with little disposable income?

b. Can making loans to customers whose income is less than $100 monthly at interest rates of 20 percent to purchase TVs, cell phones, and other consumer durables be justified?

c. One authority argues that squeezing profits from people with little disposable income-and often not enough to eat-is not capitalist exploitation but rather that it stimulates economic growth.

Information related to above question is enclosed below:

Attachment:- Case.rar

Reference no: EM132273632

Questions Cloud

Discuss how each data source is relevant to the problem : Discuss what data you have collected or researched to indicate there is a problem. Discuss how each data source is relevant to the problem
The trend in international student enrollment in us college : International Students are boon to the U. S's higher educational system. They bring brains and big bucks - Supply and Demand curve analysis supported by data
Determine what is relevant to the individual elevator pitch : List your education, skills, accomplishments, projects, internships, work experiences, awards, etc. and then determine what is relevant to this individual.
How you will propose technology be implemented : Describe how internal or external stakeholders have influenced the situation in a positive or negative way.
Evaluating the potential of a specific bop market segment : As a junior member of your company's committee to explore new markets, you have received a memo from the chairperson telling you to be prepared.
Discuss about the intercultural communication : How can this dialectical tension be managed in an intercultural interpersonal relationship?
Discuss impact the media have in criminal trials : Discuss which of the factors listed below you gave the greatest weight when deciding to make such a get tough offer.
Discuss staffing and costs : Discuss laws that may help or hinder the unit's work and how the unit will manage those laws. Discuss staffing and costs.
Define the planning electronic commerce initiatives : Read at least three articles that are no more than 12 months old. Apply the content from the articles to planning electronic commerce initiatives.

Reviews

Write a Review

Marketing Management Questions & Answers

  What evidence do you have to support your position

Consider the statements " Marketers create needs" and "Marketers get people to buy things they don't want". Do you agree or disagree?

  How your organization solves the targets needs

The criteria you will use to segment your market and select your target market including geographic, demographic, psychographic, and behavioral factors (Puerto Rico, Caribbean), How your organization solves the target's needs

  Supplier of that product rises

What is effect on demand on a product, when the supplier of that product rises?

  What changes did zipcar make to its business model

Compare and contrast the business model for a traditional car rental agency (Hetrz, Avis, etc.) with the intended business model for ZipCar.

  Is google justified in using the search history

Is Google justified in using the search history of unaware customers to target them with ads? Take a stance and support your answers with actual examples.

  Compare as well as contrast the two businesses

Compare as well as contrast the two businesses

  Determine which brand of pizza the students prefer

Managers of the student center at your university or college are considering three alternative brands of frozen pizza to be offered on the menu.

  Explain why you feel they can represent growth for company

Select one of the market segments you described in (1) above as the one you believe is or can be the most profitable for your product or service offering and explain why you feel they can represent growth for the company. Refer to the six criteri..

  Assignment on imc and customer satisfaction

Continuing to build your marketing plan, this assignment focuses on IMC and customer satisfaction for your product and service. Write a four to five (4-5) page paper in which you:

  Like patients use of social media

Read the article, "Five Reasons to 'Like' Patients' Use of Social Media".  Assess the marketing impact from the use of the social media by health care facilities. Analyze pros and cons and provide your opinion or experiences regarding Social Media..

  Write reflection with one big branding

Write reflection (300 - 500 words) with one big branding takeaway from EACH article. Read Online: "Who Are The Year's Best Loved Brands?

  Statement review is marketing totally ethical

Statement Review Is Marketing Totally Ethical

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