Create completely new offering for the second target market

Assignment Help Marketing Management
Reference no: EM132635237

4 P's and design

Question 1: Pick a target market the watch would appeal to, then re-position the watch by changing it so it would appeal to a second market. Describe your decision-making for each element of the mix to reach the first target market, and then do it again to create a completely new offering for the second target market.

Question 2: Use the headings product, price, placement, and promotion for each watch. For example, you should describe:

  1. Product-materials, branding, features, etc.
  2. Pricing-price point and strategies
  3. Place-where and how it would be sold
  4. Promotion-what you would do to communicate value to your customers

You can be brief and concise for this assignment, figuring you should be able to complete it in You can be brief and concise for this assignment, figuring you should be able to complete it in a minimum of 500 words.

Reference no: EM132635237

Questions Cloud

How do feel about being tracked : What kind of information can be collected under this circumstance? In this regard, are there any risks to the wearer? Would you inform them of the risks?
Pharmacy technician : What will this pharmacy technician have to do to become relicensed? What agency would regulate Schedule II prescriptions in their state?
What is the total amount of interest expense : Irving Inc. sold bonds with a $50,000, 10% interest, and 10-year term at $52,000. What is the total amount of interest expense over the life of the bonds
Analyzing consumer market : Companies use many tools to learn more about the specific consumer markets they plan to target.
Create completely new offering for the second target market : Describe your decision-making for each element of the mix to reach the first target market, and then do it again to create a completely new offering
Discuss health care administration barrier : Discuss the health care administration barrier or issue you want to address for your capstone project paper.
How is casper dreamery meeting customer service needs : List three sources that you could use to research market demand for Casper's products. How is Casper's Dreamery meeting customers' service needs?
What is dr blaser opinion about the use of probiotics : What is Dr. Blaser's opinion about the use of probiotics?
What is dr blaser opinion about the use of probiotics : What is Dr. Blaser's opinion about the use of probiotics?

Reviews

Write a Review

Marketing Management Questions & Answers

  Brand stimulate today and in the future

What mental image should the brand stimulate today and in the future? In what product classes is the brand competing today? Could this change in the future?

  What is the marketing challenge ford fiesta is solving

What is the marketing challenge Ford Fiesta is solving with the campaign? What part of the customer journey has the Ford Fiesta campaign been designed to impact?

  Provide a brief description of the company

Provide a brief description of the company and its services/product -  Describe the different types of decision making and identify the decision making process most suited for your chosen service/product.

  Explore opportunities provided by technology for businesses

Explore the opportunities provided by technology for businesses. Apply principles of quantitative and qualitative research to business cases.

  Using the waters bottling company in module

Using the Waters Bottling Company in Module 1, continue to build the Marketing Plan Sections for the product you have selected/ invented/ created. Complete the following in MS Word: Be concise but complete in your analysis of each plan element..

  What are the biggest advantages of trade promotions and why

What are the biggest advantages of trade promotions and why? Compare and contrast trade promotions vs. consumer promotions.

  Discuss the company is nike

Discuss The company is Nike,Development(Ideas focus on the central theme). Supporting Evidence(Positions are thoroughly researched and supported by reputable

  Write a respond to the discussion post

Please write a respond to the discussion post below. Respond in one or more of the following ways: Expand on your fellow learners' postings.

  How marketers use primary data and secondary data

Discuss how marketers use primary data and secondary data, and provide some examples. The response must be typed, single spaced.

  Check business performs tests

A smog check business performs tests on cars while customers relax in the waiting room. Once the mechanic starts on a car, it takes an average of 11 minutes to complete the check. On average, four customers arrive per hour.

  Successful marketing decisions require extensive information

Successful marketing decisions require extensive information on consumer behavior theory. Consumer behavior theory provides the manager with the proper questions to ask. Managers, regulators, and others use consumer behavior and knowledge to make dec..

  Explain the ethical issues faced by the organization

Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility

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