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Segmentation, Targeting and Positioning Strategies: Suppose you choose Keto food or Ketonuts food as a your product business. Identify the top 3 competitors you may
Segmentation, Targeting and Positioning Strategies:
- Suppose you choose Keto food or Ketonuts food as a your product business. Identify the top 3 competitors you may face in the marketplace. Provide some rationale for your choices.
- Your business may be better suited for business to consumer (B2C) or business to business (B2B) but for this activity please provide choices for both markets as follows:
- Provide a detailed description of the (B2C) consumer segments for your product (i.e. Geographic, Demographic, Psychographic, Benefit, and Usage Rate).
- Provide a detailed description of how your product will be segmented in the business B2B market (i.e. Firmographics, Company Characteristics, and Buying Processes).
- Describe your target market strategy (i.e. Undifferentiated, Concentrated, Multi-segment)
- Describe how you would position your product in the consumer market (i.e. Attribute, Price and Quality, Product User, Product Class, Competitor, Emotion).
- Provide a perceptual map of your product business using the top 3 competitors and your business.
- Include your rationale or explanation for your choices in items 1 - 5 above.
- Use the course terminology from the lesson when developing your work.
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1 Top 3 Competitors for Keto or Ketonuts Food a Competitor 1 Atkins Nutritionals Rationale Atkins is a wellestablished brand in the lowcarb and keto m...Get Instant Access to Expert-Tailored Solutions
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