{"id":4986,"date":"2020-06-08T01:54:59","date_gmt":"2020-06-08T01:54:59","guid":{"rendered":"https:\/\/course.oeru.org\/pmkt101\/?page_id=4986"},"modified":"2020-06-08T01:54:59","modified_gmt":"2020-06-08T01:54:59","slug":"tasks-segmenting-markets-challenge","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/pmkt101\/learning-pathways\/market-segmentation-target-markets-and-product-positioning\/tasks-segmenting-markets-challenge\/","title":{"rendered":"Tasks &#8211; Segmenting markets challenge"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\">\n<div class=\"floatright\"><a href=\"https:\/\/wikieducator.org\/File:Checklist-board.png\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"Checklist-board.png\" src=\"\/\/wikieducator.org\/images\/thumb\/c\/c8\/Checklist-board.png\/200px-Checklist-board.png\" width=\"200\" height=\"294\" class=\"img-responsive\"><\/a><\/div>\n<ol>\n<li>Review the Stimulus Resources, including the video and instructions for the hamster wheel standing desk.\n<\/li>\n<li> Imagine that the inventor of the hamster wheel standing desk wants to make money from his idea by selling ready-made items and\/or do-it-yourself kits.\n<\/li>\n<li> Identify and qualify <b>key target markets<\/b> for this product.\n<\/li>\n<li> Explain how you will <b>position the product<\/b> within the target market, and communicate its key product attributes (i.e. price, performance, functionality, etc.).\n<\/li>\n<li> Develop proposed <b>key messages<\/b> for one of these target markets and explain why you believe these to be effective.\n<\/li>\n<li> Identify proposed <b>channels<\/b> (e.g. Facebook ads, Twitter, posters, newspaper ads, bus \/ train shelter ads, email marketing, website, etc.) for delivering the key messages to this target market. Explain why these will be effective.\n<\/li>\n<li> Respond substantively to at least two (2) of your peers \/ colleagues who have made blog posts. Look in the <a href=\"\/pmkt101\/interactions\/course-feed\" title=\"Principles of marketing\/PMKT101\/Feed\">Course Feed<\/a> to find their post.\n<\/li>\n<\/ol>\n<p>Here are some questions you may want to think about when preparing for this learning challenge:\n<\/p>\n<ul>\n<li> Who will use this product and why? Who does it appeal to? (Are they office workers, fitness enthusiasts? Are they men, women, people of a particular age, culture, income level and other demographic factors?)\n<\/li>\n<li> Where do they live (geographic segmentation)?\n<\/li>\n<li> What behaviours do they exhibit? (E.g. do they go for brisk walks; eat nutritious food; participate in sports? Do they blog about their accomplishments &#8211; on which blogs? Do they use Facebook, Twitter, Instagram, or other social media?)\n<\/li>\n<li> What benefits are they looking for? (E.g. fitness and well-being, status, cool factor, price sensitivity \/ economy, etc.)\n<\/li>\n<li> How can you do to differentiate this product from the competition? How can it exceed customer expectations? How are you able to communicate this value?\n<\/li>\n<\/ul>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.012 seconds\nReal time usage: 0.013 seconds\nPreprocessor visited node count: 1\/1000000\nPreprocessor generated node count: 4\/1000000\nPost\u2010expand include size: 0\/2097152 bytes\nTemplate argument size: 0\/2097152 bytes\nHighest expansion depth: 1\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:176839-0!*!0!*!*!2!* and timestamp 20200608015457 and revision id 1069078\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/pmkt101\/learning-pathways\/market-segmentation-target-markets-and-product-positioning\/start-segmenting-markets-challenge\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/pmkt101\/learning-pathways\/market-segmentation-target-markets-and-product-positioning\/outputs-segmenting-markets-challenge\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<\/div>\n<footer>\n<br \/>\n<\/footer>\n","protected":false},"excerpt":{"rendered":"<p>Review the Stimulus Resources, including the video and instructions for the hamster wheel standing desk. Imagine that the inventor of the hamster wheel standing desk wants to make money from his idea by selling ready-made items and\/or do-it-yourself kits. Identify and qualify key target markets for this product. Explain how you will position the product [&hellip;]<\/p>\n","protected":false},"author":790,"featured_media":0,"parent":4970,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4986","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/pages\/4986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/users\/790"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/comments?post=4986"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/pages\/4986\/revisions"}],"predecessor-version":[{"id":4987,"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/pages\/4986\/revisions\/4987"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/pages\/4970"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/pmkt101\/wp-json\/wp\/v2\/media?parent=4986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}