Question: Its a multipart question please solve with an example 4) Marketing Plan a. Customer analysis 1) Who are the target customers? Core customers? Future customers?
Its a multipart question please solve with an example
4) Marketing Plan a. Customer analysis
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1) Who are the target customers? Core customers? Future customers?
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2) What is the estimated size of the companys market (in revenue or volume)?
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3) Customer behaviour:
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Where do they buy? When and how often do they buy?
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How do they use the product?
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What factors do they consider in choosing between options? Why do
they prefera particular product? Will they buy a product again?
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b. Primary customer research
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1) Briefly summarize your methodology and purpose of research
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2) Summarize your findings
c. Segmentation:
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1) Define/defend the segmentation variables for this market
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2) Identify and describe key segments for this product
d. Advertising & Promotion
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1) Advertising (ex. social media)
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2) Personal selling
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3) Sales promotion
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4) Public relations
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5) Direct marketing
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