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Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market. Briefly describe the product. Then develop the segmentation, targeting, and positioning strategy for marketing the new product. Be sure to discuss:

 

a. The overall strategy

 

b. Characteristics of the target market

 

c. Why that target market is attractive

 

d. The positioning strategy

 

Provide justifications, in the form of research, for your decisions and include at least three references to credible sources outside of the course and its required readings/ media.

 

Your paper should be 2-3 pages in length, well written, and formatted according to the APA Style.

 

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