Essay
MNM3709 ASSESSMENT 3 SEMESTER 1 2024
- Course
- Institution
MNM3709 ASSESSMENT 3 SEMESTER 1 2024
[Show more]
Seller
Follow
tatendamuzavazi
Reviews received
Content preview
0717513144 MNM3709 ASSESSMENT 3 2024 muzavazi47@gmail.comDISCLAIMER
The MNM3709 assignment 3 semester 1 2024 is a guide that help students to
answer their 6th assessment. Therefore, students can use as the document
contains different pools of questions. Those who need further assistance may
contact the given details:
CONTACT NUMBER:
071 751 3144
muzavazi47@gmail.com
, 0717513144 MNM3709 ASSESSMENT 3 2024 muzavazi47@gmail.com
QUESTION 1.1 (1 point)
Explain, using examples, which demographic segmentation variables For a Kid uses to segment
their target market (100 words maximum).
The company used gender, age, race and ethnicity. According to Wiid, Cant and Makhitha
(2016) in demographic summation using gender, understanding differences in expectations and
behavior of males compared to those of females lead marketers to segment markets based on
gender. Women have needs and expectations that differ from those of men. For example,
although 4akid targeted both men and women, the company’s target market is mostly women.
The company also used race and ethnic origin. According to Shafiulla (2019) although race is
no longer the major form of segmenting the market in South Africa, 4akid reached
predominantly English-speaking people followed by Afrikaans. There are many products in the
market that are targeted at people of different age groups, and in terms of age, 4aKid reaches
mostly people between 25 – 34 years of age which is made up of younger parents. The company
also uses an income variable where its targets are middle-to-upper income groups.
QUESTION 1.2 (1 point)
Which option describes the process you followed to answer the essay question?
a. I typed the question into Google and found a website with a similar answer. I copied the
answer.
b. I did not study the theory before I answered the question. I searched for the information as I
answered either in the study guide or in prescribed books.
c. I relied on an AI tool to help me answer the question.
d. I studied the theory in my Strategic Marketing prescribed book and made notes on how I
understood the concept of demographic segmentation.
Question 1.3 (1 point)
Which option describes how you used theory in your answer?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tatendamuzavazi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.52. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78140 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now