Marketing Principles
The purpose of this assignment is to apply segmentation and targeting techniques to potential new subsets for a
marketing campaign. This connects to course learning outcomes of constructing market segments of target customers
for a product or service.
Assignment Task Overview
For this assignment, you will assume the role of a marketing analyst. Your consulting firm has been hired to help
with a campaign effort for the client company of your selected product/service. You will communicate your results in a
professional memorandum.
There are three steps to this assignment. Review all three steps before you begin.
Step 1: Refer to the product/service you chose for your Value Proposition Assignment.
The product/service you chose for the Value Proposition Assignment in Week 2 will be the subject of this
assignment.
Review any feedback you received on your Value Proposition memo. You will be writing a longer, more
detailed memo about the same product/service for this assignment.
Follow the specific instructions outlined in Steps 2 and 3 below.
Step 2: Respond to each of the following questions as they relate to your product/service. Note the research and
references requirement.
Your market segmentation memo will have three major sections.
Respond to all the questions in each section.
Your memo also must meet the research and references requirement in Step 3.
I. Market Segment Analysis
Determine and describe the current primary segment. The client has an interesting question. What target
market can be perceived by current messaging for the product/service? Visit the public website for your
company’s product/service. Based on the information available and any other publicly available information,
infer the primary target market based on the messaging you find.
Describe the primary segment you believe your company is targeting for this product/service. Focus only on
this product/service (e.g., for Disney+, focus on just the streaming service, not the parks or other Disney
offerings).
Describe the primary segment in terms of the behavioral, demographic, and psychographic characteristics for
the segment. Give this segment an appropriate name. See, Segmenting and Targeting Markets and Customers
in Learning Resources.
Types of Segmentation Bases
• Behavioral segmentation
• Demographic segmentation
• Geographic segmentation
• Psychographic segmentation
Classify the primary segment according to one of the VALS types discussed in the Segmenting and Targeting
Markets and Customers Learning Resource.
II. New Market Segments
Construct new segments. Your client company is interested in diversifying and building its target customer
base for this product/service in the US market. Who is currently being underserved or overlooked? Who could
be better served by being addressed directly?
Construct and describe two new potential segments or subsegments for your company to target for this
product/service for the US market. Describe each new segment in terms of its behavioral, demographic,
and psychographic characteristics. Give each segment an appropriate name. Follow steps 1-4 of the process
described in the Selecting Target Markets Learning Resource. Begin by identifying the customer need for this
product/service. Then, break the market down into subgroups. Develop profiles of target segments. Do some
secondary research on your two segments. Note: You will not need to develop a full research plan or conduct
primary research for this assignment.
Of the two potential segments or subsegments you have created, which of the two has greater market
potential for your company to target? Why?
Classify your new segment or subsegment according to one of the VALS types discussed in the
Segmenting and Targeting Markets and Customers Learning Resource.
III. Recommendation
Present the best new segment or subsegment. What is the new segment or subsegment you recommend your
company target for its product/service?
Create a simple customer persona to present your new segment and illustrate that segment in a table with
the following fields and information relevant to the product/service: [segment name] [representative
photo] [demographic] [background] [needs] [goals] [challenges] [perceptions] [motivations] [VALS type] See
customer persona example here: 3 Examples of a Customer Persona – Simplicable
Any product changes needed by this segment or subsegment? Are any product/service changes required to
serve the segment you have identified? If so, what are they?
How attractive/valuable is this segment or subsegment? Based on your research, is the segment you have
identified attractive enough to justify an extended marketing campaign for your company? Or, should the
campaign be one of more limited duration? Why?
Step 3: Format your submission to comply with these requirements.
Communicate your case analysis results in a Microsoft Word document formatted as a professional memorandum.
Your memo will be longer than a typical one-page memo. It is reasonable to expect this assignment to be about five
pages in length, single-spaced.
Here is a sample professional memo:
https://owl.purdue.edu/owl/subject_specific_writing/professional_technical_writing/memos/sample_memo.html
Address your memo to Vice President of Marketing Tiffany Morrow. Assume Ms. Morrow is your boss at a fictional
consulting firm called “Destiny Marketing.” The memo is from you, and your role is a marketing analyst at Destiny
Marketing. This memo is regarding the company, which is your client, and the client’s product/service. Your memo
will communicate to Ms. Morrow your analysis. All questions in Step 2 must be included in your memo. A memo does
not have a cover page.
Research and References Requirement
All statements of fact within the memo must be supported by a credible source, and that source must be
cited using APA in-text citations. See, Is My Source Credible?
Include a list of your sources in APA format. The reference list is required and should appear at the end of the
memo in the space where attachments are normally found. [insert source for APA reference list format here.
