Can enough of the people needing the productservice afford


Question: Resource: Consumer Behavior: Building Marketing Strategy, Ch. 15

Utilize the same product/service that your team chose for Week 3.

Prepare a 15- to 20-slide Microsoft® PowerPoint® presentation with speaker's notes illustrating your cross-cultural, Internet, mobile, and social media marketing strategy:

Include the following in your presentation:

• (CHINA)Choose a country where you will introduce your product/service after you have introduced it in the United States.

• Review how you will incorporate at least four of the following international considerations into your decision to enter this country:

1. Is the geographic area homogeneous or heterogeneous with respect to culture?

2. What needs can this product/service or a version of it fill in this culture

3. Can enough of the people needing the product/service afford it?

4. What values or patterns of values are relevant to purchase and use of the product/service?

5. What are the distribution, political, and legal structures for the product/service?

6. In what ways can we communicate about the product/service?

7. What are the ethical implications of marketing this product/service in this country?

• Develop a strategy to initiate and maintain an online community and social network.

• Choose one specific online network site (Facebook, Flickr, Instagram, YouTube, etc.) and discuss how you will interact with consumers with this network site.

• List the different methods that will be a part of your online marketing strategy to drive your information to consumers, as well as drive consumers to your information. Why did you choose these methods?

• Discuss how mobile search will be a part of your overall marketing strategy. Based on a recent study of mobile phone users by Experian (p. 532 in textbook), five segments of mobile phone users exist: (1) Mobirati, (2) Mobile Professionals, (3) Social Connectors, (4) Pragmatic Adopters, and (5) Basic Planners. How will you use these segments and their characteristics in information search and purchase?

• Develop a strategy for managing your online word-of-mouth (WOM). How will you initiate and gather word-of-mouth for your product/service?

Format your presentation consistent with APA guidelines.

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Microeconomics: Can enough of the people needing the productservice afford
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