Question

What are the Target Markets of the Jeep Wrangler in Australia – use STP theory to...

What are the Target Markets of the Jeep Wrangler in Australia – use STP theory to discuss the segmentation variables used, and what is the segments size, its growth and attractiveness; marketing & positioning strategy used by the company, etc.

Homework Answers

Answer #1

The Target Market of the Jeep Wrangler in Australia are the adventurous people who love going on for long holiday trips.

Segmentation

Jeep Wrangler has segmented the market into two segments basically - people who are adventure loving and go for long holiday trips and the other segment of comfort loving people who want sophisticated journey.

The company has positioned its products towards adventure loving people and all the features of the car, rugged style interior, Open Air Freedom which exposes the passenger to more sun and wind, ample of storage space and easy navigation system in the vehicle offers and makes it appropriate for ruf and tuf people.

People in Australia are highly adventurous and prefer going for long holiday trips. They are highly rugged and thus Jeep offers a very attractive option for the people in Australia. Thus the market is quite attractive for Jeep Wrangler in Australia.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
this is for jeep company Australia whats the target market strategy used by the company to...
this is for jeep company Australia whats the target market strategy used by the company to attract customers for jeep wrangler, and what is the segments size, its growth and attractiveness; define marketing & positioning strategy used by the company to promote the sales of the product among the peoples .
What marketing decisions do retailers need to make? Use the 4 P's, target markets, segmentation, pricing,...
What marketing decisions do retailers need to make? Use the 4 P's, target markets, segmentation, pricing, promotion and the other marketing tools we have learned about in this course so far. Use a store that you are familiar with (hint, it is hard to do this for a Wal-Mart, Target, Macy's etc.)
Q.1. Operational marketing is A. The classic process that aims for a market share objective with...
Q.1. Operational marketing is A. The classic process that aims for a market share objective with tactical actions (4 P) B. The mix marketing C. The process STP (segmentation, targeting and positioning) D. A and B E. All these responses Q.2. The actions of strategic marketing are: A. To conduct an analysis of the opportunities and threats that characterize the market B. To define the strategic directions that will be implemented on the market C. To conduct the STP process...
1) What type/s of segmentation basis will you use to dividethe total market in the most...
1) What type/s of segmentation basis will you use to dividethe total market in the most reasonable and realisticway? Do you think the best segmentation is done on onebasis or multiple basis? 2) Form THREE segments (groups of people) by giving them specific segment name, explain them in 2-3 sentences withdifferent demographic and/or behavioral characteristics?(15 points) DO NOT ONLY WRITE DOWN SEGMENTATION BASIS, EXPLAIN YOUR SEGMENTS. (Hint: Forexample, if you use age, you could have three basicsegments ; Children (looking...
Please state A, B, C, or D for each question 1. Marketers position their brands clearly...
Please state A, B, C, or D for each question 1. Marketers position their brands clearly in: A. international markets B. the market segmentation schemes C. target customers’ minds D. the process of internal marketing 2. Restaurant Kaba’s products are not well recognized by consumers who like going to restaurants. In fact, almost nobody has heard of this restaurant. It means that the restaurant’s brand has ____ equity. A. low B. medium C. unique D. high 3. Brand positioning can...
MARKTING CASE STUDY Target Corporation is the second-largest discount store retailer in the United States, behind...
MARKTING CASE STUDY Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the...
1. Our class will be using SWOT analysis in the Final Project. Laura Yamamoto provided a...
1. Our class will be using SWOT analysis in the Final Project. Laura Yamamoto provided a breakdown of the components of this type of analysis. A SWOT would characterize a company's high levels of debt and limited resources as ___________________. Group of answer choices threats strengths opportunities weaknesses PreviousNext Bissell ( sells vacuum cleaners, rug shampoo, etc)  is developing its new products for consumers' special cleaning needs due to having children and pets. After successful segmentation research is completed, the company...
Select one answer for each five QUESTION 2 1.     Products and brands in niche markets hope...
Select one answer for each five QUESTION 2 1.     Products and brands in niche markets hope to achieve profits through ________. medium pricing high promotability low margins lower demand high margins 1 points    QUESTION 3 1.     Refer to pg. 249 in your text. From a marketing management perspective, there are three main sets of brand equity drivers. Which of the three drivers was most applicable when McDonald’s decided to use the “golden arches” and Ronald McDonald as symbols of...
(3)       A Breakeven Analysis is a powerful management tool, and one that is critical in planning, decision-making,...
(3)       A Breakeven Analysis is a powerful management tool, and one that is critical in planning, decision-making, and expense control. It can be invaluable in determining whether to buy or lease, expand into a new area, build a new plant, and many other such considerations.            T                F (4)       According to the segmentation process, a market segment should be: a.Measurable. b.Differentiable. c.Accessible. d.Substantial. e.ALL OF THE ABOVE. f.NONE OF THE ABOVE. (5)       What specifically is a break-even analysis and...
M Company is Capsim Andrews sensor and the company has the following Objectives and initiatives to...
M Company is Capsim Andrews sensor and the company has the following Objectives and initiatives to achieve in future: The Company Andrews Corp. has the following corporate goals and objectives to achieve in the future. Andrew Corp. has a goal to improve its profitability up to 10 % by 2023. The company wants to expand its business operations globally by entering new potential markets by 2030. To improve the efficiency of business operations by providing quality products and increasing productivity....