Describe the segmentation strategy of the target market

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Reference no: EM132817338

Assignment: In Week 3, you analyzed an advertisement for a global product based on a set of advertising concepts. You are going to use your week three assignment and build on that in your final paper.

For your Final Paper, locate one additional advertisement for the same product, using the same medium, but targeted for a different country (e.g., if you chose a print ad for Pepsi in the United States for Week 3, you might choose a print ad for Pepsi in Japan for this assignment).

Although these two advertisements were designed for the same product and the same medium, you should notice a few differences, based on the target market. Examine the similarities and differences between the two advertisements.

In your eight- to 10-page paper,

• Provide a brief overview of the two countries selected (e.g., location, general characteristics, etc.), the company, and the product being advertised (note: this should be the same product for both advertisements).

• Describe the segmentation strategy of the target market in each country.

• Describe each of the four types of segmentation strategies (i.e., demographic, psychographic, geographic, and behavioral).

• Describe which type(s) of segmentation strategy is used in the two advertisements and why.

• Identify where the product is in the product life cycle curve.

• Discuss the company's marketing mix strategies of the product (based on where the product is in the product life cycle curve).

• Describe at least five elements of the creative strategy statement you identified by looking at each advertisement (refer to pp. 195-196 in your textbook, in the "Writing the Creative Strategy" section.).

• Describe the medium used for both advertisements (both advertisements should use the same medium).

• Discuss some of the pros and cons of medium used (i.e., was it an ideal medium for the product, based on the FCB grid on p.139 of your textbook?).

• Examine how both advertisements reflect the two cultures, specifically in relation to color scheme, general design, and imagery.

• Explain the ethical considerations that should be kept in mind when advertising for each of the two countries.

• Describe what concerns, issues, and societal impacts might result if each of the two advertisements were presented to the opposite countries.

• Explain the legal and cultural aspects of each advertisement.

• Recommend additional suggestions that would make these advertisements more effective for their targeted countries based on the concepts above (imagine you are the advertising manager for this product for this section).

The Evaluating Advertisements Paper

1. Must be eight to 10 double-spaced pages (approximately 2,400 to 3,000 words) in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center.

2. Must include a separate title page with the following:

• Title of paper

• Student's name

• Course name and number

• Instructor's name

• Date submitted

3. Must use at least three scholarly sources in addition to the course text.

• The Scholarly, Peer Reviewed, and Other Credible Sources table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.

4. Must document all sources in APA style as outlined in the Ashford Writing Center.

5. Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center.

Reference no: EM132817338

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