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M5.3 Submit Marketing Team Project—Segmentation

M5.3 Submit Marketing Team Project—Segmentation

Q Working with your team, identify and discuss how a company selects a segmentation strategy to identify the unique characteristics of the population segment most likely to need and purchase its offerings. Be sure to discuss the available segmentation strategies (demographic, psychographic, socio-cultural, or an SIC industry classification) the company would most likely use, as well as compare and contrast the B2B vs B2C characteristics. Finally, determine if your selected company will use a B2B or a B2C segmentation strategy. Your paper should be 1-2 pages (excluding the cover sheet and References pages) written in the correct APA writing style. Please proof carefully for grammar, punctuation, and sentence structure. Consult the Excelsior’s Online Writing Lab (OWL) (Links to an external site.) as needed to help with writing skills. Compose your work in a .doc or .docx file type using a word processor (such as Microsoft Word, etc.) and save it frequently to your computer. Check your work and correct any spelling or grammatical errors. Be sure to designate one person from your team to upload the group assignment. On your cover page, include each member's name and their role in the assignment. Evaluation You will be assessed using the attached rubric. All marketing team projects leading up to the final project and presentation are worth 20% of your final course grade. This assignment uses Turnitin.

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Disney Segmentation - Psychographic The perspective as well as mentality of every member of every family visiting the Disney theme parks is taken into consideration by Disney (Lee et al., 2020). This is because there can be customized requirements of individuals of diversified personalities in every family for which Disney has to be prepared from beforehand. The major characteristic of the Disney theme parks is to revive the childhood in the minds and hearts of the adult customers and teenagers. The children will always have the mentality of enjoying like children for which Disney does not need to do anything different. There can be adult customers and teenagers showing desires mostly to visit the Disney theme parks during festive seasons like Christmas, New Year’s Eve or New Year’s Day, etc. (Lee et al., 2020). These adult customers will