Evaluate target customer segments and positioning products

Assignment Help Marketing Management
Reference no: EM131166763

In Assignment, using the same company from Assignment 1, you will focus on the company's mission, introduction, and branding.

Note: You may create and /or make all necessary assumptions needed for the completion of this assignment.

Write a four (4) page paper in which you:

Develop a branding strategy for your product that covers the brand name, logo, slogan, and at least one (1) brand extension.

Assemble a marketing strategy for your product, and determine an appropriate time table to implement your plan). Provide a rationale for your response.

Prepare a positioning statement. Include a perceptual map that shows your company's position against its competitors. From this map, create a statement that depicts your position. For example, "Our product is the fastest in its class for half the price." You may use Microsoft Word, PowerPoint, or other equivalent software to create your perceptual map.

Examine the relevant consumer behavior for your target market. Explain the main reasons why the brand name, logo, slogan, brand extension, as well as the positioning statement and marketing strategy are right for the identified target market.

Develop your company's mission statement and company introduction.

Use at least three (3) academic resources as quantitative marketing research to determine the feasibility of your product / service. These resources should be industry specific and relate to your chosen product / service. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Analyze the marketing framework including the concepts of the 5Cs, STP, and 4Ps.

Examine the marketing science of customer behavior and products in the marketing exchange process and create dynamic strategies for competing.

Evaluate the basis for market segmentation and approaches to segmentation.

Evaluate target customer segments and positioning products within these segments.

Examine the marketing science of customer behavior and products in the marketing exchange process and create dynamic strategies for competing.

Develop branding strategies for existing and new products.

Use technology and information resources to research issues in marketing management.

Write clearly and concisely about marketing management using proper writing mechanics.

Reference no: EM131166763

Questions Cloud

How much money will dane receive : A week after that Liv does the same. Eventually, Steve defaults in his payments. The car is repossessed, and it is sold for $3,000. How much money will Dane receive? How much money will Liv receive
Happens to the relative price of wheat : Suppose that there is technological progress in the wheat industry, so that Home can produce more wheat with the same amount of labor. What happens to the Home PPF and what happens to the relative price of wheat?
Number of workers doubles in home : Consider a two-country (home and foreign) two-good (wheat and cloth) world. Let MPLw and MPLc be 4 and 2, respectively. Let L=25. Suppose that the number of workers doubles in Home.
Depict two separate production possibilities curves : Depict two separate production possibilities curves and clearly label which one represents the quadrant 2 scenario and which one represents the quadrant 3 scenario. Assume Medical Care is on the vertical axis and All Other Goods and Services are on t..
Evaluate target customer segments and positioning products : Evaluate target customer segments and positioning products within these segments. Examine the marketing science of customer behavior and products in the marketing exchange process and create dynamic strategies for competing.
Marginal revenue curve of a monopoly : The marginal revenue curve of a monopoly crosses its marginal cost curve at $30 per unit and an output of 2 million units. The price that consumers are willing to pay for this output is $40 per unit.
What is the vertex of highest degree in a graph g : Can the vertices of a simple graph G be colored using three colors so that no two adjacent vertices are the same color?
Explaining the techniques in the background materials : Do a search on YouTube for videos on group decision making or on specific group decision-making techniques discussed in the background materials. Choose a video you found to be very useful at explaining the techniques in the background materials, ..
True regarding the duty of an attorney : Which of the following is true regarding the duty of an attorney? An attorney: should reveal a client's confession of a crime as well as a client’s intention to commit a crime such as murder in order to prevent its occurrence. cannot represent a guil..

Reviews

Write a Review

Marketing Management Questions & Answers

  The ftc will use to protect consumer privacy

Describe the five main action items that the FTC will use to protect consumer privacy.

  Analyze culture of the company for which you work

Analyze the organizational structure and culture of the company for which you work (or would like to work) to determine its approach to team development, and whether that approach helped to enhance your relationship skills in the workplace

  What are the risks of each for the business

Identify three strategies for addressing this sort of retention ‘problem'. What are the risks of each for the business and the level of impact each can have on the bottom line.

  Create a marketing plan

You will create a marketing plan for your start­up company.   Describe your company and its product in terms of its marketability. Determine the key strengths and weaknesses of yourcompany, as well as the opportunities and threats it faces within ..

  Discuss the relevant economic theory of topic

Discuss the relevant economic theory of topic - In the second, you must include outside research to corroborate your thread.

  Camera manufacturer adopt a skimming price approach

Under what conditions would a camera manufacturer adopt a skimming price approach for a new product? A penetration pricing strategy?

  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

  How the companies use integrated marketing communications

Discuss how the companies use integrated marketing communications to deliver their positioning strategies. What are the company's products or services? What is each company's competitive advantage and positioning strategy

  Case study casanova food corp on falling sales

Case Study Casanova Food Corp On Falling Sales

  What options you would employ to generate quick revenue

How would you price a new product (say a Mix) what options you would employ to generate quick revenue?

  Physical distribution channel for producer of bottled water

When Anne Peterson began Olde Westport Spice and Trading Co., she had one product, an all- purpose seasoning mix called Olde Westport's Special Blend for adding flavor to bland casseroles. She mixed and packaged the product in her basement. She sold ..

  How you are moving through the product development process

The board members were very impressed with your presentation and how you are moving through the product development process. Michelle is ready now to start looking at the promotional part of the plan

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