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Question Description

AssignmentOverview

A Customer Focus

After you determine what you are selling, the next critical partof the marketing plan is to understand to whom you are selling. Knowing yourcustomer is essential to ensure that the company is delivering an appropriatemessage to the target market. Marketing success is about turning sales leadsinto profits.
Not only should a company focus on servicing its current customer base, it mustalso seek out new customers.

This module’s case will focus on defining your product’scustomer demographic and psychographic profile, along with customerrelationship management (CRM) and customer satisfaction metrics. CRM is aboutmanaging current and prospective customers for strong and long customerrelationships.

CaseAssignment

Check out Nielsen Insights(http://www.nielsen.com/us/en/insights.html) to find out more about today’s customer. Visit Experian (http://www.experian.com/marketing-services/marketi…)and Mosaic® to findout more about using marketing research to develop customer profiles.

Using information from the websites and articles from thelibrary's full-text article databases (Academic Search Complete, BusinessSource Complete, and/or ProQuest Central), create a customer profile brief:

Customer Demographics and Psychographics—Areview of current customer demographics—explain why this demographic profile isyour primary target market.

·Develop a demographic profile of the potential customer segment.

·List at least two demographic tools you can use to help developthe demographic profile.

·Potential customer market demographics. Define the psychographicprofile of your customer.

Customer Relationship Management—Findtwo CRM tools that help companies identify pertinent information about theircustomer segments.

·How will you use these tools to manage the customerrelationship?

Since you are engaging in research, be sure to cite andreference the sources in APA format. The paper should be written in thirdperson; this means words like “I”, “we”, and “you” are not appropriate. Formore information see Differences Between First andThird Person.

Use the attached APA-formatted template (MKT501 Case1) tocreate your submission.

AssignmentExpectations

Your submission will include:

·Trident University International’s cover page

·A 4- to 5-page paper with APA citations (2- to 3-sentenceintroduction, body, 2- to 3-sentence conclusion)

The

reference list page in APA format

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