Explain how the market is or may be segmented

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Reference no: EM13831359

This assignment must be done as part of group. Students are to form groups of 4 to 5 (may vary depending on class size) and will be allocated one organization/industry from the following list:

1 Australian Dairy Farmer

2 Hybrid Car

3 Australian Wool Industry

4 Business School/University in Australia

5 HSBC

6 Bank of China

7 Any small to medium enterprise in Australia

8 Solar/Wind energy

9. Gym

10. Organic food

Other organizations are possible to be negotiated with your lecture.

Each group is to prepare a written report (in report format of approximately 3500 words) and an oral presentation (in PowerPoint format) of approximately 15 minutes duration, outlining the following:

1. Executive Summary with key findings and recommendations

2. Clear and concise description of the market in which the organization operates

3. Summary of the marketing environment (both micro and macro-environmental forces and trends)

4. Detailed description of how the market is (or may be) segmented and a statement of the segment(s) that the organization is targeting.

5. Brief discussion of the behaviour of customers in the segment(s) identified above

6. A description of the marketing mix being used by the organization to target these segments

7. A recommendation for improvements to the organization's marketing effort.

Reference no: EM13831359

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