Pepsi - who knew soda can do so much for your ability to fight monsters?
Canon - develop a tagline for this commercial
SEMII
The Expert
The Expert
Who is your favorite customer?
Baseball?
Soccer?
Lacrosse?
Whichwich?
Mcdonalds?
Chick Fil a?
Segmentation broken down
How to find and sell to your target market
Know this.com - 8 slides
Customer profiling
Segmentation
Target market profile
1941 - 1944 spending patterns
Determine the market area for your business. Obtain demographic data about the market area by contacting the local chamber of commerce or by visiting such web sites ashttp://www.census.gov/, http://www.bls.gov/bls/demographics.htm, or http://zipskinny.com/.Determine the number of people in the market area who have similar demographic characteristics. Also, determine their consumption/usage levels. That information can be obtained from your business’s trade association, a university, or the United States Department of Agriculture (for food products).
Create a chart depicting the information obtained and present the chart to the class. Obtain your classmates’ input, and if necessary, revise your target market chart
How to sell to a target market
Target Market Selection
5 questions to help you choose your target market
Selecting your Target Market
Conducting a Market Analysis for your business plan
Conducting a market analysis
Market Analysis
SBA Market Analysis
Conduct a Market Analysis
Writing a Business Plan
Obtain market information to prepare a market analysis of a sport/event’s target market(s). The analysis should include a clear explanation of the market segmentation, target-market focus, a market forecast, and a description of each target-market segment (statistics about the number of potential customers, annual growth rate, annual spending, and market value).
Key components of the market analysis should include:
- Target segment description
- Target segment’s needs (Why do fans/customers need the product/service?)
- Distribution channels (Where do fans/customers go to obtain product/service?)
- Buying habits (What factors influence the target market to buy?)
- Communication channels (How will you communicate with the fans/customers?)
MARKETING
Look up various event press releases from Greensboro….preferably from the Coliseum….not so much from the robbery side
HW - Craft a press release for:
1/ The senior picnic
2/ Graduation
3/ The last day of school
Make sure you include sufficient detail.
Google docs. Share with me.
WiseGeek - what is public relations?
Know this.com - public relations
15 slides worth
Short quiz to assess your readings on wednesday from this reading
http://www.knowthis.com/public-relations
Not all PSAs are equal
What do they collect?
PapaJohns/Pizza Hut/Dominos
Victoria Secret
Google
Gamestop
4.06 MIM PPT Tues
Why you need a customer Marketing Base
Skip down to Components of MArketing Information system
Begin with “Critical Role of Marketing Research”
Target market profile
1941 - 1944 spending patterns
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