WEEK 4 ASSIGNMENT FOR MICHAEL SMITH

Read Case 7-1 on page 239 of your book. Summarize the case and answer the discussion questions in 5 pages. Don't forget to use outside scholarly research to incorporate any up to date information that may help to validate your thoughts.

1.  7-1. In a recent interview, a brand manager at Procter & Gamble noted, “Historically, we used to be focused on discovering the common hopes and dreams within a country, but now we’re seeing that the real commonalities are in generations across geographic borders.” What is the significance of this comment in terms of segmenting and targeting?

2. 7-2. Identify the five basic segmentation strategies. Give an example of a company that has used each one.

3. 7-3. Explain the difference between segmenting and targeting.

4. 7-4. What is positioning? Identify the different positioning strategies presented in the chapter and give examples of companies or products that illustrate each.

5. 7-5. What is global consumer culture positioning (GCCP)? What other strategic positioning choices do global marketers have?