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Scenario 10-6 Facing Stiff Competition from Walmart and K-Mart, Executives for Target

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Scenario 10-6
Facing stiff competition from Walmart and K-mart, executives for Target stores have decided to focus on reaching more affluent shoppers and luring them away from traditional department stores. They have already expanded the products and brands they offer to include reasonably priced items by modern design masters. Target hopes to draw more affluent shoppers into its stores through a series of advertising campaigns that are presently in the planning stages. Most of the advertising budget will be directed to ads in regional luxury magazines, which, research shows, are frequently read by affluent individuals.
-(Scenario 10-6) Which of the following should Target do in order to place its brand name more permanently in the affluent customers' memories? 


Definitions:

Clearly Differentiated

Distinctly separated or distinct in nature, function, or qualities.

Egocentric

Describes a stage in early childhood development where a child is unable to differentiate between their own perspective and that of others.

Teddy Bear

A soft plush toy in the shape of a bear, often given to children as a comfort object or a plaything.

Abstractly

Thinking in a way that is not tied to concrete objects or specific examples, involving conceptual, theoretical ideas.

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