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Recognizing target market Understanding product positioning Importance of pricing and branding Instructions Put yourself in the position of an entrepreneur who is developing a new
Recognizing target market Understanding product positioning Importance of pricing and branding Instructions Put yourself in the position of an entrepreneur who is developing a new self-propelled, robotic lawn mower, similar to the Roomba robotic vacuum cleaner, to introduce into the market. Develop the targeting strategy for marketing the new product. Be sure to discuss: 1) characteristics of the segment(s) you might choose as the target market 2) why the target market(s) is/are attractive
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