A major factor underpinning the growth of the nation’s minor…

A major factor underpinning the growth of the nation’s minority markets is that African Americans, Asians and Hispanics continue to become more highly educated, which allows proportionally more Blacks, Asians and Hispanics to enter occupations with higher average salaries (Multi-Cultural Buying Power). As a key executive in a business-to-consumer company, name and describe three (3) important factors to consider when determining your market segmentation strategy.

The current Asian / Asian American population in the U.S. is…

The current Asian / Asian American population in the U.S. is approximately 24.8 million and growing. This group’s purchasing power is $1.3 trillion and growing. As the top Marketing executive for General Motors (a U.S.-based automobile manufacturer and distributor), describe the steps you would take to create a new marketing / advertising campaign to target this specific customer group (to sell more cars and trucks to this group).

Consider the IKEA video advertisement entitled “Dining Room…

Consider the IKEA video advertisement entitled “Dining Room Table” (1994, U.S.) (click on the link). Next, consider the four (4) customer segment types. In your opinion, what specific customer segments are being targeted by this ad (or who might respond favorably to this ad)? Provide support for your answer.  IKEA – Dining room table (US, 1994)