
You have to conduct a market segmentation analysis and establish the target markets (primary,secondary, and tertiary) for an established brand or product of your choice (do not use any brands from case studies in the course).1. Focus on a specific,named geographic location/country and develop three potential market segment for the product/brand within that location, applying critical analysis to your research.The three potential segments are three distinct groups (target markets) within that geographicarea.2. Identify the different target markets and, using segmentation characteristics and any other applicable concepts, evaluate and explain your reasons for these choices. Please consult information from secondary sources written within the last two years or as reasonably fits your research needs to support your paper’s research.3. Evaluate the segments relative attractiveness to each other and to the product’s industry at large in order of positive impact on the markets. Justify your evaluations of each of the segments on the criteria, so the reader understands your rationale.4. Choose one segment as the primary target market for the venture and justify this decision.
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