Identify the target audience for the market-leading company in any industry of your own choice.

Expert Solution

I would like to acknowledge the company Apple and its target market.

In around average 7 years, the company Apple has dominated the world with over 60% of the total smartphone industry. The reason behind it is the smart targeting and customer segmentation that the company has done to achieve this success.

1. Although, Apple is one of the premium brand and its price and the products are listed for the luxuary goods with a premium price tag as well, the age group of 16-30 or the teen group are considered for one of the primary market and target for the company Apple for its market demographics segmentation.

2. The reason for choosing this market is because the people and customers in this age group value the technology and the advanced features offered in the unique iphone which makes them having a different prdouct as compared to all Android devices.

3. It given them a sense of differentiation and unique product status making them attract even more. Also, they understand the value and quality of an Ipod back at its time and thus it attracted them to wanting the Macbooks, Iphones and other apple product and stay brand loyal to the company.

keosha answered 3 months ago

Specify the promotion objectives for the market-leading company in any industry of your own choice in...

Specify the promotion objectives for the market-leading company in any industry of your own choice in the state of North Carolina.

In any industry of your own selection, please describe the breadth of the market-leading company’s product...

In any industry of your own selection, please describe the breadth of the market-leading company’s product line (broad versus narrow) and the amount of value added (low versus high

Pick a company of your choice Identify the industry in which this company operates Identify a...

Pick a company of your choice Identify the industry in which this company operates Identify a cost object for this company Provide examples of the following types of costs for this company and the chosen cost obejct: Fixed costs Variable costs Direct costs Indirect costs Inventoriable costs Period costs Respond to the thread posted by one of your classmates and provide examples for these cost categories for the company chosen by your classmate.

For a brand of your own choice, first define its target market and position. Then find...

For a brand of your own choice, first define its target market and position. Then find out how its social media effort has developed (When did it join Facebook? Twitter? etc.). See if you can also find the way the brand has integrated its traditional media with social media. Any critique? Evaluation?

Please (a) in any industry of your own selection, please identify a dilemma involving the use...

Please (a) in any industry of your own selection, please identify a dilemma involving the use of overseas suppliers in a US company’s supply chain. The dilemma has to involve a difficult decision where it is hard to please both investors and customers; (b) discuss your alternatives to solve the dilemma; (c) recommend the best alternative; (d) explain why the recommendation provides a comprise that manages to make, to a reasonable degree even though not perfectly, both investors and customers...

In what ways does your choice of a Target Market dictate (or imply) your choice of...

In what ways does your choice of a Target Market dictate (or imply) your choice of Value Proposition to focus on and who your Key Competitors will be

1) Identify a business, market, or industry (your choice). Describe the overall business environment, identifying the...

1) Identify a business, market, or industry (your choice). Describe the overall business environment, identifying the underlying determinants of both supply and demand for the participants involved. What are the elements that shape the market you have chosen? Are there currently any internal or external dynamic changes occurring? Are there surpluses or shortages?

Your company, Apollo, operates in the manufacturing industry, with a market leading product called Rover. This...

Your company, Apollo, operates in the manufacturing industry, with a market leading product called Rover. This product currently brings in a quarter of the organisation’s revenue and is responsible for a third of the company’s expenditure. A new company has come onto the scene with an innovative product that will dominate the market and result in the loss of all Sales of Rover. The company’s total revenue is $1,200,000 The company’s total expenses are $1,000,000 What impact will the loss...

Provide KSF analysis for any industry of your choice ( but the tyre industry can not...

Provide KSF analysis for any industry of your choice ( but the tyre industry can not be used).

From the real national market, select any company of your choice in Saudi Arabia , wishing...

From the real national market, select any company of your choice in Saudi Arabia , wishing to go global. Critically analyze the chosen company based on the following questions. Questions: What variables need to be considered while developing a list of potential countries? Describe the four steps a firm should take when it is considering going global. Discuss at least three challenges that a company may face in the early period of expansion. Describe the three main categories of market...

Question