Assignment:
Business Environment and Marketing Research
Using the Waters Bottling Company, 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 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 - Marketing Research & Target marketing
Section 2 - Market Research & Targeting
• Market Research
o Research Methods & Data Mining
o Market Research Process
• Consumer Behavior
o B2C vs. B2B
o Consumer Decision Making Process
o Factors Affecting B2C and B2B consumer behavior
• Market Segmentation
o Market Segmentation Concepts
o Segmentation Process
o 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
• Market Research
o Research Methods & Data Mining
o Market Research Process
• Consumer Behavior
o B2C vs. B2B
o Consumer Decision Making Process
o Factors Affecting B2C and B2B consumer behavior
• Market Segmentation
o Market Segmentation Concepts
o Segmentation Process
o Segmentation Strategies
• Target Marketing