Question
Target Market Profile For the Champs Canada Sports Part 1:Target Market Profile: a.Using the Chart below as a guide , create a Target Market Profile
Target Market Profile For the Champs Canada Sports
Part 1:Target Market Profile:
a.Using the Chart below as a guide, create a Target Market Profile Chart for your Brand PTC. Use point Form.For Demographics and Geographics, focus on Key Differentiators only.
b.Describe your PTC in 3-4 sentences.Include key attributes (5-8) that distinguish these Customers from the general population.
TARGET MARKET PROFILE - Guide
DEMOGRAPHICS
What is the basic factual census-type information on the target market as a whole?
Include information on:
Gender(s)
Ages (ranges)
Marital statuses
Family Type
Family Life Cycle
Incomes (ranges)
Occupations
Education (high school + etc.)
Home Ownership
GEOGRAPHICS
Where does the target market live and work?
Include information on where the target market resides such as:
Region or provinces
City size (small/medium/large)
Density (urban/suburban/rural)
PSYCHOGRAPHICS
What are the prevailing attitudes, values, interests, habits, opinions, and approaches to life that this target market shares?
Clearly describe the target market's general approach to living:
Personality traits (social, compulsive, extroverted, introverted, intuitive, analytical, judgemental etc.)
Lifestyle values and approaches (caring, fearful, confident, negative, adventurous, materialistic, resentful, family oriented independent, optimistic, dependent, etc.)
Leisure activities, hobbies and interests (politics, sports, music, the arts, fashion, gaming, wellness, fitness, food, gardening, the environment, cars, movies etc.)
Media habits (Internet sites, social media sites, apps, newspapers, magazines, TV, radio, etc.)
Technology usage (desktop, laptop, tablet, smartphone, e-reader, smartwatch etc.)
Y&R 4C Cluster(s) that apply
BEHAVIOURISTICS
How does this target market use and interact with the product?
Include information on how and why consumers will buy the product as follows:
Main occasion for product use (leisure, recreation, socializing, work, medical, home, family, personal etc.)
Main product benefit sought (entertainment, self-improvement, fashion, fun, personal status, specific product traits such as taste, speed, nutritional value
Primary and secondary usage
Frequency of usage and frequency of purchase
Degree of brand loyalty to the product, (none, some, medium, strong)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started