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Product Description
Complete the table in Appendix C, using Figure 5.3 on p. 144 of the textbook as a guide, by
describing the stages in the decision process of a recent purchase.
Post your completed Appendix C as an attachment in the Assignments link of the ecampus.
Select a new product or service that you would like to introduce to the marketplace. You use this
same product when completing your Final Project in Week Nine.
Create a 7- to 12-slide Microsoft PowerPoint presentation describing the market
segmentation and a target market strategy for the product you selected. Include information on
the following points:
Consumer demographics
Consumer psychographics
Consumer behaviors
A segment profile
Include detailed speaker notes and an APA-formatted reference slide with your presentation.
Read the following: In recent times, a popular consumer electronics company, Applehas
released a high-demand product to the marketplace. The iPodportable MP3 player and iTunes
interface allow the user to quickly and easily purchase, download, and listento music. As with
any new product in the marketplace, Applehastaken steps to manage this product throughout its
marketing life cycle.
Write a 700- to 1,050- word paperan alyzing how the company has managed each stage of the
product life cycle ofits popular MP3 player. Determine which stage of the life cycle the
productisi n currently. Defend why you feel the product is in the stage you identified. Your
paper should include the following elements:
o A brief description of the products objectives and marketing strategies
o An analysis of the introduction phase of the product
o An overview of how the company has managed or should manage the product through the
growth stage
o A review of how the maturity stage has affected or will affect the products sales, profits,
pricing, and marketing communication
o A prediction of the products decline in the marketplace
Summarize your paper by answering the following questions: Do you agree or disagree with how
each stage has >enmanaged? What alternative approaches to life cycle management would you
suggest?
Include a recommendation for management of the next applicable stage of the product life cycle.
Format your paper according to APAstandards.
Select a large company that has created a strong product identity in the market. What branding
strategies has the company used to create its product identity?
Provide examples and explain your reasoning in a 200- to 300-word response as an attachment
in the Assignments link of the e campus.
o An analysis of the marketing strategies that will be used for the introduction of the product or
service:
Pricing
Promotion
Distribution
Sales support
MKT 230 Week 1 ,3 ,5 and 7 discussion questions are Included .(2 For Each Week)