Create a market segmentation of your customer base

Assignment Help Marketing Management
Reference no: EM132957743

DATA4700 Digital Marketing and Competitive Advantage - Kaplan Business School

Assessment - Customer Analytics Case Study

Your Task

• The business question you are to address is: Which of the customers in your database will you choose to engage with to increase revenue or reduce churn, and how will you accomplish this goal?
• The dataset containing information about customers' purchasing history can be accessed
• You will analyse the data to create a market segmentation of your customer base (Topic 4)
• You will need to justify the segments that you have created (Topic 1)
• You will choose one segment to target, giving thought to RFM Analysis and Customer Lifetime Value (Topic 4)
• You will provide recommendations on how best to engage with the target customer segment that you have chosen (Topics 2 and 3)
• You will write a short statement of intent which addresses: (1) who your target audience is for the report and (2) what techniques have you used to connect with that audience and improve the readability of your report for that audience.

Assessment Instructions

Your report should have the following headings and address the topics below:

1. Introduction: A brief overview of the dataset and the task that you are conducting

2. Data analysis: The techniques used and insights arising from the segmentation of the customer data

3. Customer segmentation: Explanation of how the customer segments that you have created differ from each other

4. Target segment: Indication of which one customer segment to target with your marketing activities, and a justification of why you chose that segment

5. Recommendations: What tactics you will perform to retain the customer segment that you have chosen to target

6. Statement of Intent: Who is the target audience and what have you done to try and make your report more accessible for that audience.

Attachment:- Digital Marketing.rar

Reference no: EM132957743

Questions Cloud

How is the human resources department structured : What are the skills, knowledge, and abilities required to be an effective human resource professional?
Which plant should the company downsize : The Environment, Labour Demand, and Supply, Downsizing
Present challenges and emerging expectations : Considering the present challenges and emerging expectations, e.g. pandemics, Artificial Intelligence, sustainable business, climate change, corporate social re
Critique the high-level sqf : Critique the high-level SQF against the EFQM Excellence Model showing the overlaps and 'underlaps', and provide advice to the management of Shell Services on ho
Create a market segmentation of your customer base : Customer Analytics Case Study - Indication of which one customer segment to target with your marketing activities, and a justification of why you chose
Employee engagement problem : You own a small business, and your friend, over lunch, just mentioned that "it sounds like you have an employee engagement problem." What exactly would you do t
Main characteristics of the homemaking industry : What are the main characteristics of the homemaking industry? What factors have contributed to this landscape?
Describe the management of change : Discuss the development of management and the challenges, skills, and attributes of managers
List hygiene requirements : List 5 hygiene requirements you must follow when handling raw egg or egg products to prevent cross contamination:

Reviews

len2957743

9/25/2021 1:22:09 AM

Please do it carefully follow each and every instruction Very Strictly follow marking Criteria Dataset link is provided in the requirement, need to use that only.

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

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