Question
Your company, XYZ Incorporated, has formulated a new hair product line for people interested in healthy and organic products, as consumers are becoming concerned about
Your company, XYZ Incorporated, has formulated a new hair product line for people interested in healthy and organic
products, as consumers are becoming concerned about the chemicals in hair products and how these are damaging their
hair. As the organisation's marketing co-ordinator, you have to understand various concepts in marketing to be able to
promote this product (knowing the product and what it does is vital in this process).
Formula Botanica. (2021, April). Top natural haircare trends in 2021. https://formulabotanica.com/top-naturalhaircare-
trends-2019/
Question - Target Marketing Strategies
Assess your company's target marketing strategies and then examine how each of the steps in the
process are effective in marketing its line of hair products:
Step 1: Market segmentation
Step 2: Market targeting
Step 3: Differentiation
Step 4: Positioning
In your examination, consider the impact of consumer buying behaviour on your strategy.
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