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Perceived value and its importance to consumers Discuss theory.

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Explain segmentation, targeting and positioning Identify 2 to 3 brands or companies and apply how these are using these concepts Any under performing brand which is not using these concepts properly Or any brand repositioning Min 2 to 3 articles Marketing decision makers in a firm must constantly monitor competitors' activities - their products, prices, distribution, and promotional effort. Find 2 to 3 articles on any of the elements of marketing mix Your essay need to focus on how companies are changing their MM to achieve growth, market share or profitability ...

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Explain segmentation, targeting and positioning Identify 2 to 3 brands or companies and apply how these are using these concepts Any under performing brand which is not using these concepts properly Or any brand repositioning Min 2 to 3 articles Marketing decision makers in a firm must constantly monitor competitors' activities - their products, prices, distribution, and promotional effort. Find 2 to 3 articles on any of the elements of marketing mix Your essay need to focus on how companies are changing their MM to achieve growth, market share or profitability or brand awareness or bran loyalty Good market research and environmental scanning forms the basis of success for other related marketing activities. Discuss the theory and then give practical examples of what types of market research and environmental scanning a company like Domino's Pizza should do and explain why. Choose 2 to 3 business articles in market research Explain how companies are doing environmental scanning and market research and seeing some benefits for their business. You can choose a company and analyse their past performance due to effective market research done in the past Why is it important to do market research and adjust the marketing mix when entering into a foreign market? Explain the theory and then give practical examples of how some companies have already adjusted their marketing mix in foreign markets. Also, explain what advice you would give the marketing team of "Vegemite" - if they wanted to launch this product in a foreign market such as South Africa (or a market of your choice), where people do not know the product/brand. Identify 2 to 3 articles Write on MM as how companies are reviewing their MM while entering into foreign markets and getting success Or any problems when they do not adjust their MM in overseas markets

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STP stands for Segmentation, Targeting and Positioning. It is a step-by-step marketing function that enables marketers to subdivide the market into different segments and strategically position their products and services to the targeted audience. Segmentation involves the division of the market into different groups or segments with similarities within the group regarding their needs and product/service requirements. Targeting helps to determine the most profitable segments to be tapped from the segmented markets. Positioning involves making an image of the product or service within the minds of the customers in the targeted segment.

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