Product positioning and market segmentation


Question 1: Describe the activities comprised in a full-scale Marketing Audit and highlight the significance of the marketing audit to the marketing planning process.

Question 2: A number of strategic planning models have been developed by theorists and practitioners. Highlight the value of such models and describe a model of your preference.

Question 3: Describe what you understand by the given distribution strategies:

a) Intensive Distribution Strategy.
b) Selective Distribution Strategy.
c) Exclusive Distribution Strategy.

Question 4: Explain the main internal and external influences to be considered when setting the price for a company’s products or services.

Question 5: Summarize the contributions that advertising can make to the efficient marketing of products and services.

Question 6: Differentiate between product positioning and market segmentation and describe the conditions to effective market segmentation.

Question 7: Write notes on three of the given terms:

a) Branding
b) Contingency planning
c) Integrated marketing
d) Product mix

Question 8: Identify the sections of a typical marketing plan and describe the information you will expect to find out in each section of the plan.

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Strategic Management: Product positioning and market segmentation
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