How to group total target audiences into similar groupings

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Reference no: EM131234278

NON PROFIT MARKETING WEEK 7 DISCUSSION BOARD

PART A

Please I need good and quality answers. Also please I want good citation and good references. I want it in APA format.

Read:

Nonprofit's compete in a marketplace of ideas, attitudes, and beliefs, where marketing serves the mission and supports both the programs (value proposition) and the organization itself. Marketing encourages a member of the target audience to take action, it influences behavior. Marketing begins with defining the target audience and gaining understanding of its members' values, needs, and wants; it acknowledges the environment, including the presence of direct and generic competition; it focuses on defining an exchange, honing and delivering the message (communication); and it ends with action by members of the target audience.

There are four broad classes of management decisions for which an understanding of the target audience is especially crucial.

1) How to group total target audiences into similar groupings for purposes of marketing planning (a descriptive understanding of characteristics of the market at a given point in time).

2) Which segments to choose as target markets and how many resources to allocate to each (understanding of associations between market characteristics and behaviors).

3) How to position the desired behavior or behaviors as a desirable value proposition (understanding of causation).

4) How to translate the value proposition into specific elements of the offer, its costs, how it will be delivered, and how it will be communicated (ability to explain causation).

The nonprofit marketing manager must study target audiences to learn:

1) whether the recommended behavior is in the segment's awareness, consideration and choice sets, and

2) if the behavior is in the various sets, who the competitors are.

To conclude this discussion I would like you to review a trend that threatens to alter the nonprofit landscape and that is social entrepreneurs who they are and how they are changing the ways nonprofit missions and outcomes need to be evaluated and invested in with expectations for returns, similar to investing in a publicly traded company.

Questions:

For the response to this conference I would like you to discuss the competitive environment of a chosennonprofit using the information found in this topic, specifically: The chosen non profit is UNICEF

1) a list of five competitors - you may be surprised to find yourself listing nonprofit's with unrelated missions and for-profit entities

2) how philanthropy (the act of giving financial or physical assets to charity) and other sources of funding might be used by your nonprofit

3) what communication medium your nonprofit might use to reach target audiences for Giving Tuesday

4) would your nonprofit benefit from a partnership with other nonprofit's or would their mission and identity be compromised, such as is happening to the Corcoran Gallery of Art?

PART B Response to my classmates

I need a reply/response to these discussion board answers. Just read the discussion board answers, and respond to the information you read by also adding your own point of information about each topic itself to each discussion board answers not about how to correct the person answers by saying he or she needs to add more information or saying you agreed without stating why. Just three to five Lines response each. Please I need good and quality response to these discussion board answers

Davina Williams

1) a list of five competitors - you may be surprised to find yourself listing nonprofit's with unrelated missions and for-profit entities

• Conserve Our Ocean Legacy
• Ocean Futures Society
• Marine Conservation Biology Institue
• Global Coral Reef Alliance

2) how philanthropy (the act of giving financial or physical assets to charity) and other sources of funding might be used by your nonprofit. Ocean Conservancy uses its donations to find ways to protect and preserve the Ocean. The money also goes to scientific research to develop innovative ways to lower ocean pollution. Another of their main goals is to protect the marine life that inhabit the ocean.

3) what communication medium your nonprofit might use to reach target audiences for Giving Tuesday. Facebook is a great way to promote. Placing an Ad with a very interesting quote or message would get the ad shared and advertised more quickly.

4) would your nonprofit benefit from a partnership with other nonprofit's or would their mission and identity be compromised, such as is happening to the Corcoran Gallery of Art? If Ocean Conservancy joined forces with another nonprofit, I think both could benefit if their missions were the same. As long as their programs and goals are in league with one another then the partnership would be a good thing for both the NPOs.

Attachment:- non_profit_marketing_discussion_board.rar

Reference no: EM131234278

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