Target consumer-buyer analysis-segmentation and targets

Assignment Help Marketing Management

Reference no: EM13936792

1. Target Consumer - Buyer Analysis - Segmentation & Targets

Slide -Market Segmentation

Develop a table that identifies the

a. Segments in market
b. Customer needs for each segment
c. Corresponding features and benefits desired
d. Size of segments
- Provide a brief narrative with your table in notes

Slide - Target Market(s) - Identify and justify the target market(s)

a. Size
b. Key Demographic data for current and prospective customers

Notes - Presentation Discuss

Slide - Primary motivations for purchase

a. What are the key benefits provided by product/service
b. Link these benefits to features and values
c. Identify any significant group motivational influences in the purchase decision for this product
Satisfaction and Repeat purchase -Give any data
Notes - Final Presentation - Discuss

2. Pricing strategy - Evaluate pricing strategy and relative value

Slide -
a. How do the brand's price points compare with the competition?
b. What is the basic pricing strategy - High v low or Skimming or penetration or other basic strategy?
c. Evaluate the "pricing power" of the product/service
Slide -
a. What is the wholesale price (if intermediaries are used)?
b. What is the suggested retail price? Can you justify this price?
c. Are any discounts or price promotions used? If so what are the implications of these on future revenue projections

Notes - Presentation - Discuss

3.
Slide - SWOT - Analysis for your product using the information above.

a. Strengths
b. Weaknesses
c. Opportunities
d. Threats

Reference no: EM13936792

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