Would be suitable for the product to segment the market

Assignment Help Marketing Management
Reference no: EM133230725

Assignment:

Assume the board of directors of Fair N Care is planning to launch a new fairness cream for men in the Sri Lankan market. They have appointed you to research the new opportunities opened for the new fairness cream in the Sri Lankan market. The executive board has requested a detailed presentation from you, including the following areas related to the Sri Lankan market;

Explain how Fair N Care should segment, target, and position the new product in the minds of customers by following the below;

a. Identify the segmentation variables that would be suitable for the product to segment the market (The variables should consist of geographic, demographic, behavioral, and psychological)

Reference no: EM133230725

Questions Cloud

Assess the market being targeted : Assess the market being targeted. What group(s) of consumers would most likely be drawn to the product? What are some ethical and legal implications?
What are the four essential functions of money : a. Describe the five major functional areas in a business enterprise. b. What are the four essential functions of money?
Forcing trade-offs by participants in the economy : Which of the following creates competition for finite resources, thereby forcing trade-offs by participants in the economy?
Primary measure of growth : The primary measure of growth in the business cycle is inflation.
Would be suitable for the product to segment the market : Identify the segmentation variables that would be suitable for the product to segment the market.
What things should be taken into consideration : When assisting with the provision of information about the functions and powers of the WHS regulator and about workplace regulatory compliance matters, what thi
Disagreement stemming from competing interest : What code of conduct google and apple has made on the following issues related to finance department such as disagreement stemming from competing interest, frau
Describe armstrong and actions : In looking at the LA Times article and how cycling is an "allegory for life," explain what his means and describe where you would place Armstrong and his action
How the raise will affect her paycheck : Mrs. Rodger got a weekly raise of $145. If she gets paid every other week, write an integer describing how the raise will affect her paycheck

Reviews

Write a Review

Marketing Management Questions & Answers

  How much time is required for the ranger''s vehicle to stop

A park ranger driving on a road suddenly sees a deer frozen in headlights 20.0m ahead. The ranger, driving at 11.4 m/s, immediately presses

  High-technology products

When purchasing consumer electronics or other high-technology products, most consumers are aware that within a year after making a purchase

  Hedged deposit rate for the next six-month period

How much will Ford receive/pay on its FRA? What will be Ford's hedged deposit rate for the next six-month period?

  What are the advantages and disadvantages of social media

Social Media Paper: What are the advantages and disadvantages of social media

  Develop a marketing plan for a healthcare facility

Please develop a marketing plan for a healthcare facility that was recently cited by the OIG (Office of Inspector General), or has been investigated.

  Understanding of history help an international marketer

How does an understanding of history help an international marketer? Please explain with examples

  Report on interpreting market trends and developments

report on Interpreting Market Trends and Developments

  Explain website functionality and e-marketing research

Explain website functionality and e-marketing research

  Evaluate the major approaches to mitigating political risk

Analyze the lower ranking country's report rankings across the board, and speculate on how this country got to its current position. Examine this country's major existing trade agreements and predict whether they will assist or deter your venture.

  Explain small business and has just completed building

Explain small business and has just completed building - what do you meant by small business

  Examine the relevant consumer behavior for target market

Examine the relevant consumer behavior for your target market. Explain the main reasons why the brand name, logo, slogan, brand extension.

  Calculate the net present value of roto air''s

Calculate the Net Present Value of Roto Air's

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