Question: Q . 1 . Segmentation involves dividing the market into smaller markets, for the purposes of developing different marketing strategies to best meet the segments

Q.1.
Segmentation involves dividing the market into smaller markets, for the purposes of developing different marketing strategies to best meet the segments distinct needs and wants .Jane has just opened up a shop and deals in in kids wears ( one day old to 12 years however since the sales are not doing good a advised she also stocks mens wear( belts , shoes , perfumes ,shirts and trousers ) womens wear ( office dresses ,party dresses . wedding gown and all accessories ). Jane feels she should begin selling fruit juice to nearby towns. Last week a former class mate in the Marketing class visited her and wondered why Jane is not applying any marketing tactics learnt at Cavendish University Uganda.
a) As a student of Marketing which steps should Jane have undertaken before engaging in any of the mentioned product lines .(14marks )
b) Positioning of a product is linked it to the use of the marketing mix variables .Advise Jane on the way forward and support this statement.(11 marks )

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!