Explain the market segmentation concepts

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Reference no: EM131885538

Question: Using the Waters Bottling Company in Module 1, continue to build the Marketing Plan Sections for the product you have selected/ invented/ created. Complete the following in MS Word: Be concise but complete in your analysis of each plan element. Your employer wants to know you have left nothing out in your analysis.

This assignment represents Section 2 of the Marketing Plan. Use the Marketing Plan guide to identify the sections of the Marketing Plan and the marketing elements contained therein. This assignment will focus on Section 2 - Marketing Research & Target marketing (Module 2).

Section 2 - Market Research & Targeting (Module 2)

• Market Research

o Research Methods & Data Mining

o Market Research Process

• Consumer Behavior

o B2C vs. B2B

o Consumer Decision Making Process

o Factors Affecting B2C and B2B consumer behavior

• Market Segmentation

o Market Segmentation Concepts

o Segmentation Process

o Segmentation Strategies

• Target Marketing

Relate all responses using the WBC scenario and the product you have selected to market in Module 1.

Create a 4-page Word document for your Marketing Plan sections. Apply a standard business writing style using the Market Planning Guide sections as your (headers/ sub heads/ bullets) to your work. Be sure to cite your work in the APA format.

Reference no: EM131885538

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