Assignment:
Discuss in a 150 words
Appraise the three trends described by American Demographics as "America the Crowded." "The Mighty Mature Market," and "The Consumer Kaleidoscope." Explain how these trends overlap. Select a trend and describe how it has contributed to more than one of these population changes. You should use the text and at least one additional scholarly source.
Guided Response:
Consider different segments of the population, such as teens or seniors, and trends that you have seen influence marketing to these population segments.
Discuss in a 150 words
Choose a water park or other vacation destination. Create a hypothetical marketing campaign that uses what you've learned about the CRM approach. Describe how you might apply insights about developing long-lasting relationships with customers to retain or reactivate past visitors. You should use the text and at least one additional scholarly source.
Assignment:
China and India have demonstrated trends toward Western-style consumption over the last decade. Given the emphasis on the youth market in the US over the last 60 years (since the baby boom), what can you suggest for marketers in these youth-oriented consumer economies (China and India)?
Guided Response:
• Describe the products (goods and services) that interest these youth markets.
• Compare and contrast the micro- and macro-environmental forces that can influence the marketing strategies for these products (goods and services).
• Analyze the marketing strategies of these two countries and compare them with Western-based consumption marketers (e.g., US).
• What opportunity for U.S. companies might you foresee? Support your reasoning.
This assignment is designed to assess your critical thinking, problem solving, and communication skills. Your paper will be graded for its clarity, relevance, coherence, logic, and depth.
Your paper should be two to three pages in length (excluding a cover page and reference page), and be formatted in APA style. Your paper should demonstrate that you understand international influence and micro-environmental and macro-environmental influences on marketing strategy. You should use your text and at least two additional scholarly sources.