Choose a local restaurant in your community. After describing the business in some depth to me, Apply
Question:
Choose a local restaurant in your community. After describing the business in some depth to me, Apply the following questions to that business. P.s. this question is worth 10 points - with all the parts - so do well.
A – Apply/describe who would be in each of the five segmentation methods for their market.
B – Given the above, evaluate what you believe to be the best segment’s attractiveness given the five criteria of a valid segment. Basically you’ll be telling me why it’s the best segment given its attractiveness. THINK why here.
C – Define the target that seems to fit best here for the restaurant above. THINK who here.
D – Explain which targeting strategy would work best for the above target. THINK how here
E – How could you add value to the segment above.
F – Explain the position you would use for the segment. Remember that position has NOTHING to do with location.
Essentials of Business Statistics Communicating With Numbers
ISBN: 978-0078020544
1st edition
Authors: Sanjiv Jaggia, Alison Kelly