Identify the main issue or problem outlined within the case

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Reference no: EM13876505

1) Read through the case, "Cow Wow Cereal Milk"

2) In a brief paragraph, identify the main issue/problem outlined within the case.

3) Identify the market segments/clusters presented and any other relevant segments not mentioned in the case.

4) Based on the issue presented, what type of market research methods would you choose to validate your position/decision? State your approach and complete the chart below to detailyour approach.

5) Using the table provided, fill-in the market variables (Psychographics & Behaviouristics) of the target market profiles based on the marketing segment/target market you've identified.

Psychographics

Personality Traits

 

Lifestyle values and approaches

 

Leisure activities, hobbies, and interests

 

Media habits

 

Technology usage

 

Behaviouristics

Main occasion for product use

 

Main product benefit sought

 

Primary and secondary product usage

 

Frequency of use

 

Frequency of purchase

 

Product usage rate

 

Product usage status

 

Product loyalty status

 

6) Based on the information presented in the case and your analysis, what would you do if you were Christopher Pouy? a) Stay the market segmentation course, b) change course, c) choose both segments to target (hybrid option) or d) go down a different path? If you choose to select a different path, what other market segment would be more appropriate to serve as Cow Wow's target market?

Reference no: EM13876505

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