ass2sm

Directions

In our readings, we have been examining the concepts of target  marketing and market segmentation. As we know, in order to ensure  marketing success, the marketing manager in the organization needs to  conduct a very thorough analysis of the markets to be served. As the  marketing manager in your organization, you first need to educate the  management team with regard to the importance of targeting and  segmentation. Therefore, you have decided to prepare a 800-1000 word  report to share with the decision-makers in your organization. In your  report you will be addressing the following concerns:

1) What are the characteristics of markets and market segments?
2) What is the importance of market segmentation?
3) What are some of the criteria for successful marketing segmentation?
4) What are some of the common bases used to segment consumer markets?
5) What are some of the strategies for selecting target markets?

Your report will be shared with the rest of the organization in an  attempt to 

educate your fellow managers on the importance of these  marketing activities.

must cite 4 peer reviewed/scholarly references