Description
Create a 12- to 15-slide Microsoft® PowerPoint® presentation with speaker notes on trends in the consumer buying environment, and explain how these tie into the marketing segmentation by consumer groups.
Describe the consumer trends that are influencing purchasing patterns, and provide an overview of the different consumer groups (market segments).
Choose two of the companies from the list below.
- Sports spectrum Greeting cards
- Ty Beanie Babies
- Sara Lee Desserts
- Skeeter Boats
- Gold Bond
Examine each company's website to determine what segmentation strategy the firm uses.
Answer the following questions, and provide explanations for your responses:
- Who is the intended target market for the website?
- What communications objectives do you think the company is trying to accomplish?
- What product-positioning strategy is being used?
Format your presentation consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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Explanation & Answer
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MARKET SEGMENTATION
& BUYER BEHAVIOR
Consumer Trends
Introduction
Consumer trends are the habits and behaviors which are presently prevailing among the
customers of goods and services.
Factors Influencing Consumer Behavior
Purchasing power
Group Influence
Personal Preference
Economic Conditions
Marketing Campaigns
Consumer Trends Which Influence Purchase
New technologies have influenced the pattern and beha...