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For the company YMCA Marketing strategy product / service focus and goal setting ( 1 5 marks ) : a . Stage of the product
For the company YMCA
Marketing strategy productservice focus and goal setting marks:
a Stage of the product life cycle:
In which phase of its lifecycle is the product? Explain your rationale and identify what strategies they
have adopted or need to adopt to extend their lifecycle or develop a new product.
b Segmentation:
Outline your segmentation strategyanalysis and selecting best target markets and explain related
target market profilesyou may create new segments including demographics, psychographics,
behaviours, and geographical considerations.
c Differentiation and positioning:
Position the product and review positioning statements to drive marketing mix you may reposition the
brand
d Marketing Objectives:
Objective can be behavioral eg sales, market share, profit etc. andor attitudinal increase in consumer
attitudes, awareness, recall, liking, etc. and they need to be SMART Specific Measurable, Attainable, Relevant and Timely
provide References.
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