Marketing plays an essential role in managing and growing a firm. To gain an in-depth perspective on marketing as it relates to entrepreneurship,
Write a 1,050- to 1,250-word paper addressing marketing and branding a heath care related product or service. Select an existing health care related product or service and include the following in your paper:
- Target Market
- What is a target market?
- What is the target market of the product or service selected?
- What is the importance of selecting a target market?
- What issues and questions must be considered when selecting and managing a target market?
- What is a brand?
- Why is branding important?
- After selecting a current, common health care brand, address the following:
- What images or thoughts do you relate to that brand?
- Does the branding appeal to the market? Do those images influence consumers’ decisions to buy or use that brand?
- Is the product successful?
- What is the profitability of the product and what is the effect on the bottom line?
- If this were your product or service, what might you do differently?