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Segmentation, targeting, and positioning ( STP ) form the foundation for a company s entire marketing plan all strategies must align with these components so
Segmentation, targeting, and positioning STP form the foundation for a companys entire marketing plan all strategies must align with these components so clearly defining them is critical to the companys success. Part A: Describe worthwhile existing or new consumer segments for your chosen companyproduct using multiple segmentation variables for each segment. Maximum page singlespaced, either pointform or brief paragraphs. Part B: Choose segment from Part A that you would target, and justify your choice. Maximum paragraphs singlespaced. Part C: Write a positioning statement for your chosen companyproduct targeted to your chosen segment from Part B Maximum paragraph singlespaced but if you are efficient, one sentence could suffice
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