Product - Kraft Smooth Peanut butter

Question -

1. Select a single target market to focus your marketing plan on. Develop a detailed Target Market Profile. Your Target Profile can be submitted as a Day in the Life, a Collage, or any other format you deem appropriate that helps answer the question Who is the primary market to purchase my product? (ie: who is Most Likely to buy the most from me?) Your profile should include a summary of the customers needs and wants, and a description based on variables such as demographics, psychographics, lifestyle etc. Format - Target Market Detailed Target Market Profile of who is the buyer for your product. Read the instructions, rubric and text for context
2. Draw a Product Life Cycle (See pg. 273) and identify the stage that you think your product is at on it. Explain why you think that your product is at this stage. What marketing strategies should be considered to help move the product to the next stage of the lifecycle? Product Lifecycl a) Drawing of Product Life Cycle b) What Stage is your brand in? c) What Marketing Strategies should be considered based on the lifecycle stage?