Product: Apple HomeLife  Conduct a segment analysis and identify the primary target market that your company with create the marketing strategies for. 1) Look for all possible customer segments and exclude those that are not identifiable as a potential customer. Describe and or explain all the applicable segment variables with a brief analysis including why the segment is relevant.  Demographics (age, gender, income, family lifecycle, education, religion, geographic, etc, etc, etc)  Psychographics (e.g. attitude, mindset)  Behaviors (e.g. purchase behaviors) Be sure to include ALL segment variables (ie prospects) that are relevant to your product. Do not select or describe your target market here. 2) Primary Target Market Description (multi-segment) Select a combination of segment variables to describe your primary target market. This target market will serve as the focus for your marketing strategies. Include reasons for selecting the target market you identified: why attractive and or what’s better than other potential target market(s).

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
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Product: Apple HomeLife 

Conduct a segment analysis and identify the primary target market that your company with create the marketing strategies for.

1) Look for all possible customer segments and exclude those that are not identifiable as a potential customer.

Describe and or explain all the applicable segment variables with a brief analysis including why the segment is relevant. 

  • Demographics (age, gender, income, family lifecycle, education, religion, geographic, etc, etc, etc) 
  • Psychographics (e.g. attitude, mindset) 
  • Behaviors (e.g. purchase behaviors)

Be sure to include ALL segment variables (ie prospects) that are relevant to your product. Do not select or describe your target market here.

2) Primary Target Market Description (multi-segment)

Select a combination of segment variables to describe your primary target market. This target market will serve as the focus for your marketing strategies.

Include reasons for selecting the target market you identified: why attractive and or what’s better than other potential target market(s).

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