Introduction to Marketing
Your client wants to see new customer segments that might be interested in the new and improved product. For additional information on how to develop a customer profile, visit this Web site.
Develop a brief customer profile for your client. The profile will include the following:
- Choose 2 new customer segments for the newly repositioned brand, and name them. You can make up a name based on their characteristics. For example, if you were selling a coffee brand, you might have Serious Sippers as a customer segment and Dabble Drinkers as a second segment.
- Identify which customer segments are the primary and secondary markets.
- The primary market is often larger than the secondary market. These customers are often the primary users of the product.
- The secondary market can include in-between customers who might occasionally use or be interested in the product.
- Detail the demographics and the psychographics of both segments.
- Include the basic characteristics of your current and potential customer, such as age, income, education, and geographic locations.
- Evaluate your customers’ lifestyles, such as hobbies and other interests. 400-600 words