MARKETING >CUSTOM< (PB)
MARKETING >CUSTOM< (PB)
19th Edition
ISBN: 9781307525557
Author: Kerin
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
Book Icon
Chapter 9, Problem 1AMK
Summary Introduction

To discuss: The variables that may be utilized to segment the consumer markets a) lawn mowers, b) dry breakfast cereals, c) frozen dinners, and d) soft drinks.

Introduction:

Marketing is an activity in which set of institutions are created, communicated, delivered and exchanged so that value can be added for the customers and other clients as a whole.

Expert Solution & Answer
Check Mark

Explanation of Solution

  1. a) Lawn mowers: Kind (powered, non-powered, sitting, gas, walking, electric, robotic), lawn (kinds-field, yard; area-square footage), or location (suburban, rural, city).
  2. b) Frozen dinners: Ethnic kind, size of the family, price (regular, budget), cooking (oven, microwave), health consciousness (low carb, low fat) or price (generic, branded).
  3. c) Dry breakfast cereals: Age (adult, teenager, child); health consciousness (vitamins, low carb, “heart healthy”), or cost (generic, branded).
  4. d) Soft drinks: Flavor and type (noncola, cola); health consciousness (low carb, vitamins, fitness, sugar-free), or cost (generic, branded).

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Find words which mean the following. 1   a company's sales expressed as a percentage of the total market 2   short-term tactics designed to stimulate stronger sales of a product 3   the situation in which there is only one seller of a product 4   companies offering similar goods or services to the same set of customers 5   a short and easily memorized phrase used in advertising 6   the division of a market into submarkets according to the needs or buying habits of different groups of potential customers 7   a small and specific market segment 8   a factor which makes you superior to competitors in a certain respect 9   a business's total sales revenue 10 a period during which an economy is working below its potential
Describe is the difference of Subway Fast food chain from the competition in market. You may select an attribute important to the consumers and elaborate why you use this product or avail this service. Next, describe a main target market and discuss why they are the appropriate segment to target. Expound what you think is the value proposition of your chosen product or service.
What are the characteristics (e.g., age, income, education) of the target market customers for the following products or services? (a) National Geographic magazine, (b) Chobani Greek Yogurt, (c) New York Giants football team, and (d) Facebook.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
  • Text book image
    MARKETING 2018
    Marketing
    ISBN:9780357033753
    Author:Pride
    Publisher:CENGAGE L
    Text book image
    Marketing
    Marketing
    ISBN:9780357033791
    Author:Pride, William M
    Publisher:South Western Educational Publishing
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing