You are the newly appointed brand manager for ‘Grooming Partner’, an unscented deodorant shampoo aimed at Generation X members. Sales of this brand have been declining for quite some time and recent exploratory research conducted by the company suggests that your brand is no longer price competitive. From your study of 5+ marketing, you think that a reconsideration of the market segmentation used previously to better understand the target consumer might be the key to this dilemma. 5(a) From your own investigation of organizations similar to yours, you discover that many marketers of deodorants in those organizations sharpen their marketing strategy by adopting a multivariate demographic segmentation (i.e. combining two or more demographic variables) approach. Using examples, explain why and how such a segmentation approach might be used to inform strategy in attempting to resolve the sales decline. 5(b) What pricing strategy or strategies might work best with your suggested segmentation approach to recover this situation and why? Illustrate your argument with example(s)

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5a explained with example Marketing as a procedure to guarantee needs fulfillment The worldwide commercial center is profoundly serious In these hyperserious commercial center producers merchants and ... View the full answer