Paper Three: SWOT, Target Market, Positioning MKTG 241 Due: March 8, 2012 25 points Strengths, Weaknesses, Opportunities and Threats ◦ Conduct a SWOT Analysis – using data from environmental, competitive and customer analysis ◦ Outline your conclusions and implications for your marketing strategy Paper Three: SWOT, Target Market(s) and Positioning SWOT Analysis Internal to your business Strengths External to your business Opportunities Weaknesses Threats Target Market Description and Analysis ◦ Identify and describe your target market segment(s) using segmentation variables. ◦ Size and growth rate: What are the important and potentially important submarkets? What are their size and growth characteristics? What are the driving forces behind sales trends? ◦ Profitability: For each major submarket or target market, consider: 1) is the segment likely to be profitable? 2) How intense will be the competition be? 3) How attract will this market be now and in the future? ◦ Cost Structure: What are the major costs and valueadded components required for the market? ◦ Distribution systems: What distribution channels are needed to address the market? ◦ What are the trends in the market? ◦ What are the key success factors for the market? Marketing Strategy ◦ Marketing objectives and relationship to overall corporate (or enterprise) objectives ◦ Identify key strategies issues such as: Value proposition and competitive advantage Positioning relative to the competition