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Published byScot McKenzie Modified over 8 years ago
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Project Guidelines: A Booming Seniors’ Moment Fundamentals of Marketing Segmentation/ Targeting & Positioning
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Premises Approximately 10.1M ‘baby boomers’ were born in Canada between 1946-1964. They are rapidly transitioning into ‘seniors’ This large segment represents a large but very lucrative market opportunity for innovative companies who will target this segment and position their products/service to them You are start up group of young entrepreneurs who see a definite business opportunity in identifying products or services that would be relevant to Baby Boomers as a target market. You are seeking funding for your start up and will need to convince investors that your business concept is viable and can provide a good ROI
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Instructions Each team will consist of 5 members who make up your company ( come up with creative name for your company) Possible verticals for which there might be relevant products & services targeted at BB might include: Travel Bio-medical products In-home exercise equipment & general fitness Food and beverage products Automobiles Other Research the needed data in relation to your assigned product/service Design the appropriate marketing strategy for your product/service Present six (6) slides maximum to the class as per headings provided Provide a hard copy of slides to Simi prior to your presentation Submit a written report that details your product / service and how you will market it. Essentially, I am looking for a detailed go-to-market-plan Presentation should run no longer than 20 minutes Be prepared to defend your idea and answer questions Class presentations – Weeks of Nov. and Dec
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Instructions You will present a total of 6 slides containing the following information: Slide #1:Key metrics and data points about your Baby Boomer target market Slide #2:A description of your product(s) or service(s) Slide #3:Why it is relevant to your target market Slide #4:How will you market your product(s) or service(s) Slide #5Why will you be successful Slide #6How much investment are you seeking and how will it be spent
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Teams Product / ServiceTeam MembersPresentation Date
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Teams Product / ServiceTeam MembersPresentation Date
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