MKT-511 Marketing Management Assignment

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Reference no: EM132448443 , Length: word count:1100

MKT-511 - Marketing Management - Abu Dhabi University

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Assignment

The world is changing and new trends are evolving such as sharing economy (e.g., UBER), renewable energy and self-driving vehicles (e.g., Tesla), limited parking spaces available to the car drivers in big cities. All of these trends have made a lot of pressure on the traditional auto industry to think of the ways to adapt with these changes. Assume that you are working as a marketing consultant at one of the big traditional auto companiesandyour company faces such threats and your duty is to recommend some potential market segments other than the traditional ones.

• Explain in details the recommended market segments.
• Each potential target segment must have a name that reflects the content of the target segment.
• Each potential target segment has to be profiled in terms of demographic, geographic, psychographic, and behavioral characteristics.
• Then each potential target segment should be DIRECTLY FOLLOWEDby the targeting evaluation criteria:
- The segment size and potential growth
- The segment attractiveness structure (i.e., competition)
- The company resources, objectives, and values
• Conclusion and recommendation
• Before submission, please make sure that you cite everything you have taken using APA style of citation otherwise it is considered plagiarism.
• Word file, report should be between 1000 and 1500 words in length, Times new roman, font 12, justify alignment, 1.5 lines space.

Reference no: EM132448443

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