Homework for Lesson Chapter 9 Identifying Market Segments and Targets

Assignments for lesson "Chapter 9 Identifying Market Segments and Targets"

Assignment title and descriptionSolutions Notes / Feedback Discussion

Activity 11: Industry Analysis

Submit the Industry Analyses of your Marketing Plan (Based on your chosen local company)
    1. SWOT:
      • Strengths,
      • Weaknesses,
      • Opportunities,
      • Threats
    2. Porter’s 5 forces analysis:
      • Bargaining Power of Suppliers
      • Bargaining Power of Buyers
      • Threat of New Entrants
      • Threat of Substitutes
      • Industry Rivalry
  Note Please compile the following documents until you have finalized your Marketing Plan:
  • All documentation and activities submitted in relation to this final requirement.
  • Letters from customers, distributors, subcontractors.
  • Letters given to sources of information.
  • Research Result including research plan, research instrument, and tabulated results.
  • Contracts i.e Lease/Rent, Exclusive dealerships, etc.
  • Price list from competitors or suppliers may be added.

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Activity 12: Target Market

Submit the Target Market of your Marketing Plan
    1. Target market demographics
    2. Industry or societal trends that affect your customers.
    3. Your target customers’ needs and wants and corresponding product benefits.

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