Analyze the external environment and factors in the environment that are opportunities, and those that are threats. Identify what is expected to be accomplished, (objectives) through marketing activities.

Describe the product, generally speaking identify what the product is and how it is used, (It is not necessary to describe the product from a technical or mechanical perspective, rather, how will the product benefit the consumer, how will it be used)

Analyze the internal strengths and weaknesses of your product and your company. What about your product or company is an asset, what adds value, and what is a weakness.

Analyze the external environment and factors in the environment that are opportunities, and those that are threats.

Identify what is expected to be accomplished, (objectives) through marketing activities.

Discuss your target market and the variables that you will use to identify this market, (example: demographic, geographic, psychographic, buying behavior, etc.).

Identify your strategy—will you target the entire market or a concentrated segment with a single marketing mix, or will you target multiple segments and develop multiple marketing mixes.

Identify each of the 4 Ps.

Discuss how you will promote your product to bring about mutually satisfying exchanges with target markets. How will you inform, educate, persuade and remind consumers of the benefits of your product.

Discuss how you will price your product; what pricing strategy will you employ? And identify the price

How is the market segmented? Eg. geographic, demographic, psychographic,.How, when and where do consumers/customers buy?

Individual Phase

How much do they buy?

Amount of consumption by type and trends, o fluctuations and cycles in demand.

Consider both B2B and B2C

Who buys and consumes?

How is the market segmented? Eg. geographic, demographic, psychographic,

behavioural, OR VALS.

Customer lifecycle (changes over life-stages of customers)

How, when and where do consumers/customers buy?

What is the purchasing behaviour process?

Decision making unit (buying process, alternatives considered, information sources,

 Find two advertisements, one illustrating the affective component and the other illustrating the cognitive component of attitudes. Discuss each ad in the context of the tri-component model. Why do you think each marketer took the approach it did?

Midterm Exam

Describe how you would use the need you selected in promoting the product to a market segment of your choice. Be sure to define your market segment in terms of segmentation bases (i.e., demographic, psychographic, etc.). The products are: a) expensive shoes; b) a vacation home rental; c) orange juice.

Find two advertisements, one illustrating the affective component and the other illustrating the cognitive component of attitudes. Discuss each ad in the context of the tri-component model. Why do you think each marketer took the approach it did?

Did you use marketing and consumer behavior vocabulary appropriately?

Did you demonstrate a deep understanding of the core concepts in the course related to
the questions asked?

Are your responses creative?

Are your responses thorough?

Are your responses clearly written and professionally formatted? Do you use proper grammar and correct spelling?

What platforms will you use for the campaign? Why were these platforms selected?Who is your target market? Provide information about demographics, geographic, and psychographic.

Social Media Campaign

Name the organization and product/service you will be marketing.

Describe the key features and benefits of the product or service.

Name or provide a tagline for your social media campaign.

Who is your target market? Provide information about demographics, geographic, and psychographic.

What platforms will you use for the campaign? Why were these platforms selected?

How will you encourage your target audience to interact or engage with the post(s)?

What is your company’s target market?What is the demographic, psychographic, and geographic breakdown of your target market?What are the wants and needs of this target market?

Target Customers

Describe the target market for your new product in detail. Address these points in your response:What is your company’s target market?What is the demographic, psychographic, and geographic breakdown of your target market?What are the wants and needs of this target market?

8/20/2021 Project Instructions – MKT-20056-XF146 Target Customers 21DA06
https://learn.snhu.edu/d2l/le/content/802782/viewContent/13716931/View 4/6

How might the psychological, personal, and social factors impactconsumer behavior of this target market?

Demonstrate how your new target market and the desired customerexperience align to the company’s market