Prior to beginning work on this assignment, watch the following video McDonalds Segmentation, Targeting and Positioning Links to an external site.. Create an assignment focused on seg
Prior to beginning work on this assignment, watch the following video McDonald’s Segmentation, Targeting and Positioning Links to an external site..
Create an assignment focused on segmenting, targeting, and positioning. The assignment evaluates a formal approach to segmenting, targeting, and positioning as a foundational marketing activity, compared to an informal approach that combines a small business launch along with a feedback loop focused on segmenting, targeting, and positioning.
Before creating your assignment, do the following:
A formal approach to segmenting, targeting, and positioning is structured and takes time, money, and staff to execute. A more informal approach to the process requires a general view of the market that is developed concurrent with the business launch. Effectively, the entrepreneur manages a feedback loop concurrent with business activities and tunes segmenting, targeting, and positioning activities as the business progresses.
In your paper,
· Identify resources the entrepreneur requires to effect formal segmenting, targeting, and positioning.
· Reflect on resources the entrepreneur requires to effect informal segmenting, targeting, and positioning.
· Evaluate approaches that resonate and addresses why they resonate.
The Segmenting, Targeting, and Positioning paper
· Must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA style
· Must include a separate title page with the following:
o Title of paper
o Student’s name
o Course name and number
o Instructor’s name
o Date submitted
· Must utilize academic voice.
· Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
· Must use at least two scholarly sources in addition to the course text.
· Must document any information used from sources in APA Style
· Must include a separate references page that is formatted according to APA Style
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