Business Environment and Marketing Research

Assignment 2: Business Environment and Marketing Research

Using the Waters Bottling Company  in Module 1, continue to build the Marketing Plan Sections for the product you have selected/ invented/ created. Complete the following in MS Word: Be concise but complete in your analysis of each plan element. Your employer wants to know you have left nothing out in your analysis. This assignment represents Section 2 of the Marketing Plan. Use the Marketing Plan guide to identify the sections of the Marketing Plan and the marketing elements contained therein. This assignment will focus on Section 2 – Marketing Research & Target marketing (Module 2).

Section 2 – Market Research & Targeting (Module 2)

· Market Research

· Research Methods & Data Mining

· Market Research Process

· Consumer Behavior

· B2C vs. B2B

· Consumer Decision Making Process

· Factors Affecting B2C and B2B consumer behavior

· Market Segmentation

· Market Segmentation Concepts

· Segmentation Process

· Segmentation Strategies

· Target Marketing

Relate all responses using the WBC scenario and the product you have selected to market in Module 1.  Create a 4- to 6-page Word document for your Marketing Plan sections. Apply a standard business writing style using the Market Planning Guide sections as your (headers/ sub heads/ bullets) to your work. Be sure to cite your work in the APA format.

Section 2 – Market Research & Targeting (Module 2)

· Market Research

· Research Methods & Data Mining

· Market Research Process

· Consumer Behavior

· B2C vs. B2B

· Consumer Decision Making Process

· Factors Affecting B2C and B2B consumer behavior

· Market Segmentation

· Market Segmentation Concepts

· Segmentation Process

· Segmentation Strategies

· Target Marketing