Instruction
You will develop a 5 page slide presentation that includes the following:
Summary of company and product (include other products within product line of company, as this shows how market segmentation can work, example: Apple and iPhone, iPad, etc).
Provide details on market segment, product and suggestions on how the product would reach intended target through the market segmentation. (example: Within the behavioral market segment, many companies leverage loyalty programs to continually engage consumers, for instance, Delta airlines and their SkyMiles program)
In reviewing the product in market (you can look online, in store, etc), what was their main message and how do you think this helps in reaching their market segment?
Do you think the product is successful or not in their market segmentation efforts, please explain?
Recommendations for the company and product on how they could potentially refine their market segmentation efforts to better reach intended target
(To note: there are many options for market segments, so can pick from any of the market segments we reviewed and provide supporting details).