Question
This marketing strategy assignment has been designed to allow students the opportunity to explore the underlying importance and application of marketing strategy and implementation concepts
This marketing strategy assignment has been designed to allow students the opportunity to explore the underlying importance and application of marketing strategy and implementation concepts to produce recommendations for selected organizations.
"...positioning and segmentation are distinct parts of the strategy process and provide us with some extremely powerful tools; but ultimately they are linked by the central issue of focusing on satisfying customer's needs in ways that are superior to competitors"
By reference to academic literature evaluate, and critique, the concepts of Segmentation, Targeting & Positioning (STP) including a consideration of implementation issues.
With supporting evidence, use appropriate examples from different industries (plural) to exemplify how different organizations (plural) have applied STP, to demonstrate your learning and application of this topic.
Indicate how any company could apply the concepts around STP, making generic recommendations for best practice.
You are required to produce a report that should have:
- a sound theoretical and conceptual perspective, containing evidence of critical debate with reference to appropriate academic literature
- sound examination of STP and its application in industry, with evidence, showing effective practical understanding
- generic management recommendations
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