Choose a brand from the list below to research and develop a marketing plan: I CHOOSE BLUE BELL ice cream. ANSWER EVERY QUESTIONS PLEASE
II Target Market
a. Describe the current target market(s) for the product. What segmentation variables are used to divide the market?
b. What type of targeting strategy is used? (undifferentiated, concentrated, differentiated)
c. Research additional information about this (these) target markets that would be helpful in improving the marketing mix. A business librarian may be useful in finding appropriate sources of information.
III. Current Marketing Mix
a. Product
b. Pricing strategy
c. Place or distribution
d. Promotional campaign
B. Marketing Strategies
1. Any changes in the consumer or business target markets
2. Any target market segments that will remain the same RESOURCE:
You should be able to find information from business media, such as The Wall Street Journal, Business Week, Fortune, Advertising Age, or Forbes. Start with the recommended publications above. Other information may be obtained from the company’s website, and from the business section of daily newspapers. Use multiple sources because some may be biased (for example, the company website probably avoids any negative information about the brand). Has to be crrent articles (2020 – present)
Concentrated targeting market: https://rockcontent.com/blog/concentrated-marketing/#:~:text=Concentrated%20marketing%20is%20a%20solid,one%20segment%20of%20the%20market.