Discuss characteristic of the target market

Assignment Help Marketing Management
Reference no: EM131430628

Marketing Research Report

Your company has decided to launch a new line of products.

Create a 1,400-word report and include the following information:

  • Choose the target market for your product, and describe your target market in detail.
  • Create a new product that would appeal to your market.
  • Develop at least one question for each characteristic of the target market (demographic, geographic, psychographic, and behavioral) that will be important for you as you determine the marketing strategy for this new product.
  • Recommend the best methods of conducting marketing research to answer these questions. Be sure to include why you chose these particular methods.
  • Outline the steps you will take to bring your product to market from idea generation to commercialization, using a multi-step product development process.

Reference no: EM131430628

Questions Cloud

Write an essay on personal matter : Write an essay on personal matter involving values and beliefs that provide a purpose in our lives.
Which is best describes the process of strategic prospecting : Which the following best describes the process of strategic prospecting? Which statement is most likely true about the communication-style model?
Explain the value of market research : Explain the value of market research, competitive analysis, and customer's buying decisions and switching patterns. Differentiate between primary and secondary data, how it is derived and it value
Sketch picture of f distribution that illustrates p value : Give the degrees of freedom and either an approximate (from a table) or an exact (from software) P-value. Sketch a picture of the F distribution that illustrates the P-value. What do you conclude?
Discuss characteristic of the target market : Develop at least one question for each characteristic of the target market (demographic, geographic, psychographic, and behavioral) that will be important for you as you determine the marketing strategy for this new product
What is the oxidation number : Use the Net Ionic Equation below to complete the following.I-(aq) + MnO4-(aq) → I2(s) + MnO2(s)a) What is the oxidation number for I in I2 ?________________b) What is the oxidation number for Mn in MnO4-?__________________c)
Discuss the relevance of psychology to your program of study : Discuss the relevance of psychology to your program of study, and to your life.Choose a Learning Theory and describe in detail how you would teach someone to perform a task or skill.
Calculate the expected npv for each alternative : Calculate the expected NPV for each alternative. Explain the decision rules for making a selection between the two alternatives on the basis of the expected NPV
Prepare a perceptual map for your chosen product : Prepare a perceptual map for your chosen product/brand and using a minimum of seven competitors, rank each product/brand on the two variables based on how they are positioned in the consumers' minds

Reviews

Write a Review

Marketing Management Questions & Answers

  What is your interest in marketing

Why are you applying? What is your interest in marketing? What do you wish to accomplish by earning a masters degree

  Why the state court in california can or cannot exercise

Prior to his becoming governor of California, Arnold Schwarzenegger resided as a citizen of California.- Explain why the state court in California can or cannot exercise personal jurisdiction over the defendant.

  Explain current marketing operations

Explain current marketing operations and the integration of e-business and your presentation should address current marketing operations and the integration of e-business into the company's marketing plans and current operations.

  What are the technology opportunities

You also need to answer the following questions: What are the market opportunities? What are the technology opportunities? Identify an area of opportunity for your chosen company.

  Marketing management strategy in order to improve sales

Prepare a Marketing Plab for Brownie Roobarka highlighting their PEST issues and SWOT issues and come up with a Marketing Management Strategy in order to improve sales.

  Should stores offer this type of guarantee

What could the Chung's have done differently to possibly prevent this lawsuit? Should stores offer this type of guarantee? When you see a "Satisfaction Guarantee" what do think that implies about the service provider?

  Explain e-business innovations using web technology

Explain E-business innovations using web technology and What were some of the e-business innovations using Web technologies that were introduced by Amazon

  China and india have demonstrated trends toward

china and india have demonstrated trends toward western-style consumption over the last decade. given the emphasis on

  Explain real international e-business

Explain Real International E-Business- type of model and relevant market influences and Describes the type of E-business model the company uses

  Write a white paper on a company of your choice and discuss

write a white paper on a company of your choice and discuss the market segmentation within that industry along with the

  Comment on best buy customer-centric strategy

Comment on best buy's customer-centric strategy.is this viable approach for breaking out of the commodity status associatedwith electronics retailing

  Define leadership and management

Define leadership and management. Differentiate between leadership and management with specific examples from the text, literature, or personal example. What are some of the different leadership and management roles and what are their functions..

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