Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Marketing Segmentation Matrix Geographic Segmentation Psychographic Segmentation 3 New York City residents and anyone within a 5 0 - mile radius. Hometown pride Sports betting

Marketing Segmentation Matrix
Geographic Segmentation Psychographic Segmentation
3
New York City residents and anyone within a 50-mile radius.
Hometown pride
Sports betting fanatics
Classical Music enthusiasts
Looking to relieve nostalgic moments
Behavioral Segmentation Demographic Segmentation
Online shoppers
Social media savy
Loyal to New York Sports Teams
Younger generation, millennials and gen z.
Older generation of boomers.
Gender Neutral
Disposable income to spend on
Messaging Template
Target Market
- Millennial Males
Objectives
Advertising Campaign: Epic Experiences Await at Madison Square Garden
Introduction: Welcome to the world of Madison Square Garden Entertainment. Our iconic space, Madison Square Garden, in the heart of NYC is more than just a venue; its a stage for one-of-a-kind entertainment and experiences. Join us as we reveal our key products and offerings to elevate your Madison Square Garden experience.
Campaign Theme: Live the LegendUnveiled: Madison Square Garden Products/Services:
1. Knicks Home Games
4
- Boomer Women
- Increase ticket sales to 2024 home games and live events from 2023 by 25% through promotional event nights
-Epic Experiences Await at Madison Square Garden
Message / Tagline
-
Positioning
Delivery Method (Chanel)
- Social media
o Facebook Boomers
o Instagram Millennials
2. Rangers Home Games
3. St. Johns Basketball Home Games
4. Elton John at The Garden
5. Phish Live Concert Series at The Las Vegas Sphere
Describe how your marketing messages align with each of the other advertising parameters on the template.

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_2

Step: 3

blur-text-image_3

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

Management

Authors: Chuck Williams

4th Edition

978-0324316797, 0324316798

More Books

Students also viewed these General Management questions

Question

The new CIO summary

Answered: 1 week ago