Reference no: EM132218828
Question: 1. Describe the target market for your NAB business (see information below).
2. Explain how would you use this information to build a strong sales force to effectively sell your product.
3. Describe the best sales team to sell your product: how should they be, what should they do.
To help you address this week's discussion:
Video explaining concepts related to this section.
Notes: • You will have two bold headings: Target Market and Sales Force
• Check out Chapter 7: Target Market to learn more.
• You will use this week's information in Assignment 2, question1.
1. Target market
Examples of target market description
You must include the Demographic Description (age and income range, gender, family size, education, occupation, etc.)
You should also mention:
• Geographic Description: area where you would like to serve, density (urban, rural), nature of location (mall, business center, etc.), climate condition.
• Lifestyle Description: where do your customer shop, what they do for leisure, what kind of clothes they were, cars they drive, etc.
• Psychographic Description: socially responsible, trend setter, fun-seeking, etc.
• Purchasing pattern description: how they use the product, how many times they buy, where do they buy the product, how do they pay for it
• Buying Sensitivities Description: What factors are important to the customer before they buy (price, quality, customer service. Packaging, etc.)
• Explain how would you use this information to build a strong sales force to effectively sell your product.
Check out Chapter 7: Target Market