Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Explain what a need is. 2. Define and explain what a want is and provide an example. 3. Establish the difference between needs and

1. Explain what a "need" is.

2. Define and explain what a "want" is and provide an example.

3. Establish the difference between needs and wants and define which one, the Marketing department should work over.

4. Describe segmentation and explain the 4 types of variables we use to segment the market ( Demographic, Geographic, Psychographic, and Behavioral)

5. We had defined the segmentation for consumers and for the business market. Establish the differences in segmentation between the 2 types of markets.

6. Illustrate what positioning means and provide an example.

7. Into the major steps in developing effective communications. Explain each of the "Communication objectives". (See the following image as a reference) (Photos attached)

image text in transcribedimage text in transcribedimage text in transcribed
\fSteps in Developing Effective Communications0 - Identify target audience - Determine objectives - Design communications - Select channels - Establish budget - Decide on media mix - Measure results/ manage IMC Communications Objectives 11 - Category need establish a product - Brand awareness develop a brand ' Brand attitude - brand' s perceived ability - Purchase intention purchase action

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Marketing

Authors: Philip Kotler, Gary Armstrong

14th Edition

132167123, 132997266, 9780132997263, 978-0132167123

More Books

Students also viewed these Marketing questions