Expert Answer:Marketing Targeting Strategies writing paper-04

Answer & Explanation:Muse use one citation from this book (Ch 7, 8, 9 ONLY ): Lamb, Hair & McDaniel (2019). MKTG 12. Mason, OH: South Western Cengage Learning.Link for book: https://b-ok.cc/book/3413317/3a3ecbHere is the writing instruction:Overview:Targeting is kind of the core of the marketing concept. Some firms apply more innovative or successfultargeting strategies, while targeting in marketing is not free of controversy. Effective target marketing isimportant to NCU’s (Northwest Christian University) recruitment and retention of students. We will reflect on these ideas in this paper.Research:Conduct some brief research on creative, innovative, or successful targeting strategies/activitiesengaged by different companies/organizations. Then research potential negative aspects or ethicalchallenges in targeting.Reflection:Based on your research, decide what kinds of targeting strategies or activities are effective for differentindustries. Reflect on your informed opinion about one “danger zone” that firms should be aware ofwhen engaging in segmenting and targeting consumer groups (this could be something that many firmsalready engage in, or it could be something that is rarely practiced but that you have evidence of). Thenthink about NCU’s targeting strategy based on your observations and/or experience. I realize you havelimited knowledge of NCU’s strategic recruiting activities, but this is a reflective assignment, so you canuse your experience, the NCU website, NCU advertisements, and your observations as the basis foryour reflection.Think about whom NCU is targeting for at least two of its different student populations (traditionalundergraduates, adult degree seekers, graduate programs). Is targeting effective? Who should NCUbe targeting? How should NCU segment consumers? What should NCU be careful of when engagingin target marketing? Forecast how NCU could be more effective in targeting.Assignment:Ø Compile your findings from the “Research” and “Reflection” parts into a 2-page or 3-page, word count at least 650.report/paper (you may use either business document format or standard essay format per yourpreference).Ø Be sure to include at least one visual representation of some information in your report (suchas a table, graph, or chart).Ø Use in-text citations or footnotes to show your sources of ALL information, and be sure toinclude all full citations either in your footnotes or in a “References” section at the end of thepaper.Ø Split the content and length of your paper up such that about 1/3 is dedicated to presentingyour information on successful (or creative/innovative) and controversial ideas in targeting,and about 2/3 is dedicated to presenting your ideas on NCU’s target marketing.NOTE: this is a reflective assignment and not a full-on analysis, so it is understood that you are speculating herebased on limited research – don’t go way overboard with your research… just get enough to know what you aretalking about, and share your ideas… and be sure to show your understanding of targeting strategies.