14 Aug 2-column graphic of Segmentation Variables & Week 3: Assignment Create the Val
2-column graphic of Segmentation Variables & Week
3: Assignment Create the Value
Daylesford Organic Farm
Concept.
REQUIRED
‘CONTENT’ GUIDELINES:
Create
the Value: Market Segmentation Analysis and a Value Proposition
Your
U.S.-based company has decided to explore the possibility of developing a
business based on the organic farm concept of Daylesforddeveloped by Lady
Bamfordwhich is successful in the UK (daylesford.com).
Please
prepare a report on the organic farm concept of Daylesford that would form
the basis of a planning discussion with your senior marketing managers. Your
report should include a detailed analysis of your new potential U.S. market
segment (and its geographic location), and a description of your proposed value
proposition.
Your report
should be about 4 6 pages in addition to your title page, and table of
contents page, and your reference page (which must have a minimum of three
references).
Please use
the APA format for your paper and references.
Include only
the following sections in addition to your title page, and table of
contents page, and your reference page (which must have a minimum of three
references):
1. Brief Description of the Daylesford
Organic Farm Concept (be sure to clearly identify the key element of the farms
concept)
2. Potential Target Market Segment
Identify the unique characteristics of your new target market in
the U.S. (this does not mean all potential customers. It means the High
Probability consumers who will be the focused target of this campaign). Include the below 2-column chart. Retain its existing Segmentation Variables BUT provide new focused
& specific data when presenting your Descriptive Information
Example Chart :
TargetMarket Segments
Segmentation Variables
(Include only the below Segmentation Variables which specifically
identify your potential target market)
Descriptive Information
(Provide new and specific
data below when presenting your Descriptive Information. Focus specifically
on the segmentation variables of your high probability consumers)
Geographic region
Pacific Mountain,
West North Central, West South Central, East North Central, East South
Central, South Atlantic, Middle Atlantic, New England
City or metro population
Under 5,000;
5,00020,000; 20,00050,000; 50,000100,000; 100,000250,000; 250,000500,000;
500,0001,000,000; 1,000,0004,000,000; 4,000,000 or over
Density
Urban, suburban,
rural
Climate
Northern, southern
Demographic age
Under 6, 611,
1219, 2034, 3549, 5064, 64+
Family size
12, 34, 5+
Family life cycle
Young, single;
young, married, no children; young, married, youngest child under 6; young,
married, youngest child 6 or over; older, married, with children; older,
married, no children under 18; older, single; other
Gender of target
audience
(Male or Female)
Annual Income
Under $10,000;
$10,000$15,000; $15,000$20,000; $20,000$30,000; $30,000$50,000;
$50,000$100,000; $100,000 and over
Occupation
Professional and
technical workers; managers, officials, and proprietors; clerical
salespeople; craftspeople; forepersons; operatives; farmers; retired people;
students; homemakers; unemployed people
Education
Grade school or
less; some high school; high school graduate; some college; college graduate
Religion
Catholic,
Protestant, Jewish, Muslim, Hindu, Buddhist, other
Race
White, Black,
Asian, Hispanic, other
Generation
Baby boomers,
Generation Xers, other
Nationality
North American,
South American, British, French, German, Italian, Japanese, other
Social class
Lower lowers, upper
lowers, working class, middle class, upper middles, lower uppers, upper
uppers
Psychographic
lifestyle
Culture oriented,
sports oriented, outdoor oriented
Personality
Compulsive,
gregarious, authoritarian, ambitious
Behavioral
occasions
Regular occasion,
special occasion
Benefits
Quality, service,
economy, speed
User status
Nonuser, ex-user,
potential user, first-time user, regular user
Usage rate
Light user, medium
user, heavy user
Loyalty status
None, medium,
strong, absolute
Readiness stage
Unaware, aware,
informed interested, desirous, intending to buy
Attitude toward
product
Enthusiastic,
positive, indifferent, negative, hostile
3. The Value Proposition
Describe the bundle
of features and benefits that will be offered to new U.S.-based target customers.
(Features are what the company offers and benefits are what the
customer derives from these features.)
You must use the 3
below sub-headings when presenting your information.
Functional benefits:
What basic product features are offered?Emotional benefits:
What features are offered that make the consumer feel satisfied and rewarded?Self-expressive benefits:
What features are offered that help reflect and communicate the customers
values to others within their social environment?
4. Conclusions
A Concise and brief summary of your reports major points,A final comment.
______________________________________
REQUIRED
‘FORMAT’ GUIDELINES:
Every written assignment is to be formatted
per APA guidelines and must include:
Correct
content In each draft of your plan, Submit only the content asked for in
the specific assignment.
Title
Page Include plan title, course name & number, student name,
& submission date;
Page
header & running head, and page numbers on every page;
Table
of contents (with page numbers);
Double-spaced
text using Times New Roman 12-point type;
Section
Headings using Times New Roman 16-point,Upper & Lower Case,Bold Face, flush left;
Sub-Headings
(within sections) using Times New Roman 12-point, Upper & Lower Case,
Bold Face, flush left;
Graphics
& charts must be easily readable and imbedded into the document at
the appropriate locations. They cannot be attached as separate documents.
Reference Page
(presented in APA style). This page mustbe
formatted exactly as described in doc #14 in doc sharing and have a clear referential connection to
specific document content.See APA guidelines in
doc sharing.
Grading Rubric:
(week #3)
ASSIGNMENT
HEADINGS:
Content Guidelines
Possible
Points
1.
Description
Briefly
Describe the Daylesford Organic Farm Concept.
10
2.
Potential Market Segment
Identify the characteristics of your
potential target market in the United States. The 2-column format of the
Potential Market Segment chart (presented in this assignment) is the required
format to follow. Plus also include other variables that you consider
relevant. But be sure to include the estimated size of your target market
population and its revenue potential.
40
3. The Value Proposition
Describe the bundle of benefits and features that are offered to the target
customer. Features are what the company offers and benefits are what the
customer derives from these features.
? Functional benefits: What basic product
features are offered?
? Emotional benefits: What features are
offered that make the customer feel good?
? Self-expressive benefits: What features
are offered that help reflect and communicate the customers values to
everyone in the social environment?
40
4. Conclusions
A
Concise and brief summary of your reports major points, plus a final
comment.
10
Content Total Points:
A quality
papers content will meet or exceed all of the above requirements,
100
Point Deductions
Points will be
deducted for late submission, and improper formatting.
-0
GRADE:
Content total
points (minus Format point deductions).
100
2-column graphic of Segmentation Variables & Week
3: Assignment Create the ValueDaylesford Organic Farm
Concept.REQUIRED
‘CONTENT’ GUIDELINES:
Create
the Value: Market Segmentation Analysis and a Value PropositionYour
U.S.-based company has decided to explore the possibility of developing a
business based on the organic farm concept of Daylesforddeveloped by Lady
Bamfordwhich is successful in the UK (daylesford.com).Please
prepare a report on the organic farm concept of Daylesford that would form
the basis of a planning discussion with your senior marketing managers. Your
report should include a detailed analysis of your new potential U.S. market
segment (and its geographic location), and a description of your proposed value
proposition.Your report
should be about 4 6 pages in addition to your title page, and table of
contents page, and your reference page (which must have a minimum of three
references).Please use
the APA format for your paper and references.Include only
the following sections in addition to your title page, and table of
contents page, and your reference page (which must have a minimum of three
references):1. Brief Description of the Daylesford
Organic Farm Concept (be sure to clearly identify the key element of the farms
concept)2. Potential Target Market SegmentIdentify the unique characteristics of your new target market in
the U.S. (this does not mean all potential customers. It means the High
Probability consumers who will be the focused target of this campaign). Include the below 2-column chart. Retain its existing Segmentation Variables BUT provide new focused
& specific data when presenting your Descriptive InformationExample Chart :TargetMarket SegmentsSegmentation Variables(Include only the below Segmentation Variables which specifically
identify your potential target market)Descriptive Information(Provide new and specific
data below when presenting your Descriptive Information. Focus specifically
on the segmentation variables of your high probability consumers)Geographic regionPacific Mountain,
West North Central, West South Central, East North Central, East South
Central, South Atlantic, Middle Atlantic, New EnglandCity or metro population
Under 5,000;
5,00020,000; 20,00050,000; 50,000100,000; 100,000250,000; 250,000500,000;
500,0001,000,000; 1,000,0004,000,000; 4,000,000 or overDensityUrban, suburban,
ruralClimateNorthern, southernDemographic ageUnder 6, 611,
1219, 2034, 3549, 5064, 64+Family size12, 34, 5+Family life cycleYoung, single;
young, married, no children; young, married, youngest child under 6; young,
married, youngest child 6 or over; older, married, with children; older,
married, no children under 18; older, single; otherGender of target
audience(Male or Female)Annual IncomeUnder $10,000;
$10,000$15,000; $15,000$20,000; $20,000$30,000; $30,000$50,000;
$50,000$100,000; $100,000 and overOccupationProfessional and
technical workers; managers, officials, and proprietors; clerical
salespeople; craftspeople; forepersons; operatives; farmers; retired people;
students; homemakers; unemployed peopleEducationGrade school or
less; some high school; high school graduate; some college; college graduateReligionCatholic,
Protestant, Jewish, Muslim, Hindu, Buddhist, otherRaceWhite, Black,
Asian, Hispanic, otherGenerationBaby boomers,
Generation Xers, otherNationalityNorth American,
South American, British, French, German, Italian, Japanese, otherSocial classLower lowers, upper
lowers, working class, middle class, upper middles, lower uppers, upper
uppersPsychographic
lifestyleCulture oriented,
sports oriented, outdoor orientedPersonalityCompulsive,
gregarious, authoritarian, ambitiousBehavioral
occasionsRegular occasion,
special occasionBenefitsQuality, service,
economy, speedUser statusNonuser, ex-user,
potential user, first-time user, regular userUsage rateLight user, medium
user, heavy userLoyalty statusNone, medium,
strong, absoluteReadiness stageUnaware, aware,
informed interested, desirous, intending to buyAttitude toward
productEnthusiastic,
positive, indifferent, negative, hostile3. The Value PropositionDescribe the bundle
of features and benefits that will be offered to new U.S.-based target customers.
(Features are what the company offers and benefits are what the
customer derives from these features.)You must use the 3
below sub-headings when presenting your information.Functional benefits:
What basic product features are offered?Emotional benefits:
What features are offered that make the consumer feel satisfied and rewarded?Self-expressive benefits:
What features are offered that help reflect and communicate the customers
values to others within their social environment?4. ConclusionsA Concise and brief summary of your reports major points,A final comment.______________________________________REQUIRED
‘FORMAT’ GUIDELINES:
Every written assignment is to be formatted
per APA guidelines and must include:Reference Page
(presented in APA style). This page mustbe
formatted exactly as described in doc #14 in doc sharing and have a clear referential connection to
specific document content.See APA guidelines in
doc sharing.Grading Rubric:(week #3)ASSIGNMENTHEADINGS:Content GuidelinesPossiblePoints1.
Description Briefly
Describe the Daylesford Organic Farm Concept. 102.
Potential Market Segment Identify the characteristics of your
potential target market in the United States. The 2-column format of the
Potential Market Segment chart (presented in this assignment) is the required
format to follow. Plus also include other variables that you consider
relevant. But be sure to include the estimated size of your target market
population and its revenue potential. 403. The Value Proposition
Describe the bundle of benefits and features that are offered to the target
customer. Features are what the company offers and benefits are what the
customer derives from these features.? Functional benefits: What basic product
features are offered?? Emotional benefits: What features are
offered that make the customer feel good?? Self-expressive benefits: What features
are offered that help reflect and communicate the customers values to
everyone in the social environment? 404. Conclusions A
Concise and brief summary of your reports major points, plus a final
comment. 10Content Total Points:A quality
papers content will meet or exceed all of the above requirements,100Point DeductionsPoints will be
deducted for late submission, and improper formatting.-0GRADE:Content total
points (minus Format point deductions). 100
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