Highlights
DEMOGRAPHICS
What is the basic factual census-type information on the target market as a whole?
GEOGRAPHICS
Where does the target market live and work?
PSYCHOGRAPHICS
What are the prevailing attitudes, values, interests, habits, opinions,and approaches to life that this target market shares?
BEHAVIOURISTICS
How does this target market use and interact with the product?
You will then be required to make detailed recommendations for areas of the marketing mix you see as opportunities. In all areas your analyses and recommendations need to be clear, accurate and detailed.
• Product:
Current Product/Service Definition
Current Brand Definition
Including Brand Personality
New Product/Service Development
• Price:
Current Pricing Strategy
Recommendations for future Pricing
• Place:
Current Distribution Strategy
Recommendation(s) for future Distribution
• Promotion:
Dominant promotional message
Current Promotional Strategy: media used
Recommended Promotional Strategy: media used
Current CRM Strategy
Recommended CRM Strategy
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