Unit 2 DB

 300 word DB
Now that you have evaluated the marketing environment and  established some marketing goals for MM, it is time to get started with  the new product plan. The first step is to research the mobile phone  market. Without knowing who is buying phones in certain market segments,  Michelle won’t know how to market MM’s new product. She needs your help  to determine who the market is for the new product. 
Primary Task Response: Read the dialogue below.  Within the Discussion Board area, write 400-600 words that respond to  the following questions with your thoughts, ideas, and comments. This  will be the foundation for future discussions by your classmates. Be  substantive and clear, and use examples to reinforce your ideas.
Michelle knows that MM needs to determine who the target customer is  for the new product. She knows that marketing research needs to be done  as part of this market segmentation and product development processes,  but she is not well-acquainted with some of the details that are  involved in the processes. She has stopped by your office to ask some  questions. 
“Thanks for canceling your other meeting this afternoon,” she says.  “No problem,” you say. “I rescheduled my meeting with multimedia; it actually works out better for them, too.”
“I’ve heard about quantitative and qualitative research, but I’m not  sure I really understand the difference between the two,” she begins.  “I’m sure there are advantages and disadvantages to each of them, but  without knowing, I’m not sure which type of research we need to conduct.  What do you think?”
Before you can respond, Michelle’s cell phone vibrates.
“Excuse me, I have to take this,” she says.
Michelle takes her call and then stands up.
“Well, I’m sorry to do this, but I have an emergency that I have to  deal with right now,” she says. “Would you do me a favor? Send me a memo  that explains the two types of research and include brief explanations  about the advantages and disadvantages of each as related to how they  could be used by MM. I’d like to be able to speak intelligibly to this  at the next board meeting.”
“Sure,” you respond, thinking that this will make for a pretty  lengthy e-mail. “I’ll also include how each method can help us define  our target market. Will that help?”
“Yes, great idea,” she replies.
“Ok! I’ll get that to you by close of business tomorrow,” you say. 

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