Question: Lee's Artificial Flowers Part 1 Unit 5 Checklist: ( Note that the checklist items are the same for all scenarios. ) Report the target market.

Lee's Artificial Flowers
Part 1 Unit 5 Checklist: (Note that the checklist items are the same for all scenarios.) Report the target market. Create a customer persona for the product using target segments. Research segments using the process of (1) demographic, (2) geographic, (3) psychographic, and (4) behavioral segmentation. Report three sectors with the greatest growth prospects, most profitable customers, and most promising opportunities for the product using scholarly research. Part 2 Unit 6 Checklist: Create a value proposition using the scenario companys functional, psychological, and monetary value. Prepare a customer value analysis to reveal the company's strengths and weaknesses relative to at least two Describe the concept of positioning. Address three points of difference (POD). Address three points of parity (POP). Synthesize your overall marketing strategy that addresses the market segmentation, targeting, and positioning for the product that you developed. Report how your marketing strategy provides a sustainable competitive advantage. Provide support for your reported sustainable competitive advantage. Prepare a positioning statement.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!