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Market Segmentation and Positioning

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Write a white paper on a company of your choice and discuss the market segmentation within that industry along with the target market for the company and the selection process for that target market.
Required Elements: * No more than 2100 words * Include demographic, psychographic, geographic, and behavioral characteristics for the selected company. * A positioning statement for the company with careful consideration of their brand and strategy * Paper is consistent with APA guidelines. http://wps.pearsoned.co.uk/ema_uk_he_kotler_euromm_1/126/32286/8265285.cw/content/index.html I. Introduction
BMW stands for Bayerische Motoren Werke AG, translated means Bavarian Motor Works (BMW). It was founded by Karl Rapp and …show more content…

The BMW Corporation has designed an automobile to attract each group except the socially conscious type B. This group is usually self-sufficient, living amongst others like themselves. VII. Geographic characteristics
The BMW Corporation locates their dealerships in upper middle class to wealthy neighborhoods. BMW positions their brand to say I belong here, I am what you want, and I am here for what you need. This is all the automobile you will ever need. VIII. B-behavioral characteristics
Behavioral segmentation divides the market based on their knowledge, attitudes, uses, or responses to a product. It considers the occasion,

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