(Answered) Describe this innovative idea and which segmentation

Management Studies

You are starting up your own company that will launch a new innovative idea (could be a product/service). Answer the following questions.

1. Describe this innovative idea.

2. Which segmentation technique you would be using to segment the market? And why?

3. Which targeting strategy you would be following? And why?

4. Who would be your main competitors?

5. Which differentiation and positioning strategy you would be following? And why?

6. What would be your positioning statement?

7. What would be your pricing strategy?

8. What would be your distribution strategy? (Where the product will be sold?)

9. What would be your communication strategy

View complete question

Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M9373165
Price:- $35

Verified Expert

Priced at $70 Now at $35, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Marketing Management

Question case studies are an important learning strategy in

Question: Case studies are an important learning strategy in business classes as they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your critical ...

Question find a company in your area that is known for its

Question: Find a company in your area that is known for its environmental and/or social responsibility. Set up an interview with a company representative. In the interview find out: 1. What the company representative bel ...

Question for this weeks discussion i am encouraging you to

Question: For this week's discussion I am encouraging you to watch TV. Yes, that is correct, I an encouraging you to sit back and watch a full hour of one of your favorite shows on prime-time television. However, instead ...

Assessmentas a workplace project or as a simulated activity

Assessment As a workplace project (or as a simulated activity if not possible to do this in the workplace), produce a marketing communication for your organisation or for a client. This should be carried out from start t ...

Question select a product or service to target post the

Question: Select a product or service to target. Post the product name, the manufacturer's name, and your reasons for choosing it. Prepare a 2-3 page marketing environmental analysis that explains how the appropriate tre ...

Question identify a brand in your cabinet or pantry do you

Question: Identify a brand in your cabinet or pantry. Do you believe this brand will have a finite lifespan or one that lasts forever? Support your reasoning. Your journal entry must be at least 200 words. The response m ...

Marketing research assignment -1 case study - read the case

Marketing Research Assignment - 1. Case study - read the case and answer the questions which follow: Case - Your Supermarket Is Spying on You Tesco, one of the biggest supermarket retailers in the United Kingdom, has a w ...

Question final marketing planmake at least four marketing

Question: Final Marketing Plan Make at least four marketing mix recommendations for implementation during the next year. Include a rationale for the recommendations, as well as operational details. Develop a plan for mea ...

In this unit you are asked to produce a public relations

In this unit you are asked to produce a Public Relations Campaign Proposal document and an essay that explains the theory behind your planned approach to the Proposal task. You may base your assessment on the suggested s ...

Quesiton watch the videob pinkberry and answer the

Quesiton: Watch the video,B Pinkberry, and answer the following questions: • How would you update the personality of the brand to reinvigorate Pinkberry? Provide a rationale for your answer. • Determine the most viable t ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Marketing Management Expert