Question
Applying to one of the examples provided, explain how you would proceed to use a customer diriven marketing strategy. Examples: (Choose one) Canadian Tire selling
Applying to one of the examples provided, explain how you would proceed to use a customer diriven marketing strategy.
Examples: (Choose one)
Canadian Tire selling cold weather car battery
Disney selling cruise packages
Harley Davidson selling motorcycles
Starbucks selling instant coffee
Step 1. Segmentation is used to divide the overall market based on geographics, demographics, psychographics, benefits and usage rate. Use two of the five bases and explain how the overall marketplace is segmented for your product.
Step 2. Describe your target market and why it was selected
Step 3. Explain how the product can be differentiated its product from its competition.
Step 4. Explain how the product can be positioned in the minds of consumers (separating it from its competition).
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