Understanding the marketplace and customer needs and wants: What are a few (at least 4) trends within the company’s microenvironment and macroenvironment? What do consumers value in this product? And/or how are you meeting consumers’ needs? Describe the customer value-driven marketing strategy as it relates to your product using the following 4 steps. 1.Segmentation 2.Market Targeting 3.Positioning 4.Differentiation
Understanding the marketplace and customer needs and wants: What are a few (at least 4) trends within the company’s microenvironment and macroenvironment? What do consumers value in this product? And/or how are you meeting consumers’ needs? Describe the customer value-driven marketing strategy as it relates to your product using the following 4 steps. 1.Segmentation 2.Market Targeting 3.Positioning 4.Differentiation
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Product - Ivory Soap Bar
- Understanding the marketplace and customer needs and wants:
- What are a few (at least 4) trends within the company’s microenvironment and macroenvironment?
- What do consumers value in this product? And/or how are you meeting consumers’ needs?
- Describe the customer value-driven marketing strategy as it relates to your product using the following 4 steps.
1.Segmentation
2.Market Targeting
3.Positioning
4.Differentiation
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