Please solve this case problem: SunLife insurance has been trying to penetrate the mass market and...

Please solve this case problem:

SunLife insurance has been trying to penetrate the mass market and educate them on the benefits and importance of life and other investment insurance. They have used several TV personalities like Charo Santos and Piolo Pascual to penetrate the segment, with limited success. People are aware of the brand, but are still not taking insurance due to various issues like affordability and distribution. Use the Ansoff Matrix and recommend how they can expand their market with an incremental 5 million heads by penetrating a new customer segment.

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jeff jeffy answered 8 months ago

Please answer the following problems: 1. SunLife insurance has been trying to penetrate the mass market...

Please answer the following problems: 1. SunLife insurance has been trying to penetrate the mass market and educate them on the benefits and importance of life aand other investment insurance. They have used several TV personalities like Charo Santos and Piolo Pascual to penetrarte the segment, with limited success. People are aware of the brand, but are still not taking insurance due to various issues like affordability and distribution. Use the Ansoff Matrix and recommend how they can expand their...

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