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Formative Activity 2

The document provides a worksheet on market segmentation for students to complete. It includes explaining different types of market segmentation and applying them to examples. Students are also tasked with developing their own hypothetical business and creating a marketing campaign.

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0% found this document useful (0 votes)
272 views5 pages

Formative Activity 2

The document provides a worksheet on market segmentation for students to complete. It includes explaining different types of market segmentation and applying them to examples. Students are also tasked with developing their own hypothetical business and creating a marketing campaign.

Uploaded by

uzzicauber
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Market Segmentation Activity Worksheet

Watch the Two Teachers’ video about ‘Market Segmentation’ then


complete the tasks below to apply your knowledge.
Video link: Market Segmentation

1. Whilst watching the video, complete the table below to explain each type of Market
Segmentation inc. key characteristics and provide supporting examples of each segment
applied to Gymshark.

Type of Explanation of the Segment’s Key Examples of the Segment Applied


Market Characteristics to Gymshark
Segmentation
Location

Demographics

Behaviour

Lifestyle

Income

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2. Choose a business and apply the Market Segmentation process to a product which they sell.
Ensure you justify your answers.

Type of Chosen Business:


Market Examples of Market Segmentation
Segmentation
Location

Demographics

Behaviour

Lifestyle

Income

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Twitter @TwoTeachersBiz | Facebook @TwoTeachersBusiness | Instagram @TwoTeachersBiz | TikTok @TwoTeachers


3. You have been tasked with setting up a business in the health and fitness industry just like Ben
Francis did with Gymshark in 2012. Once you have a business idea, complete the tasks below.

a) Explain what your business would offer (it can be a service or product) and justify why you
believe the business would be a success.

b) Complete the market segmentation process for your business idea and justify the segments
of the market you will target and why.

For lots more Business Studies content, subscribe to our YouTube channel @TwoTeachers or follow us on social media:

Twitter @TwoTeachersBiz | Facebook @TwoTeachersBusiness | Instagram @TwoTeachersBiz | TikTok @TwoTeachers


4. Gymshark have executed some very effective marketing campaigns in the past which have
been credited with supporting the growth of the brand and increasing sales. These include
using famous YouTubers to promote their products and their ‘Blackout’ campaign to boost
sales.

Scenario: you have just started as a ‘Trainee Marketing Assistant’ on an apprenticeship at


Gymshark after completing your Business Studies course and have been asked to create a
brand-new marketing campaign with a budget of £10,000.

Explain and justify your marketing campaign below, ensure you cover the following key points:

a) What will be the key features of the marketing campaign?

b) Who will the marketing campaign target, any segments specifically?

c) What is the main aim of the marketing campaign?

d) A breakdown of how the £10,000 will be spent.

For lots more Business Studies content, subscribe to our YouTube channel @TwoTeachers or follow us on social media:

Twitter @TwoTeachersBiz | Facebook @TwoTeachersBusiness | Instagram @TwoTeachersBiz | TikTok @TwoTeachers


5. Extension activity: how quickly can you complete the Market Segmentation wordsearch? If
you have finished the other activities before your peers, set the clock and give this a go.

J R V K S C I H P A R G O M E D M R O E X A G Y
I U T D Q L P W J X D L R D Z G Z I H D Z B S I
I P L R R I J K K G V E U K E M B E A W C U Z I
Z O A W B M L Z V G M M L R E D N E G Z E Y R N
G C U Y E P J K T O X Z C U Z I N F I B W U V R
D H W O H D I K C E V K Y R S N V D R T D G A L
V K K C A D B N B H Q L J B C Q L A D B Q I U Z
H K Z Y V R I O B M N H N T G B A Y D U L W E F
O T A X I T E S M M C V E R X A Q Y N K J X Z N
A A K C O D I S P O S A B L E I N C O M E M X H
A Z D V U E T G Z U J Y R M I Q N O I T A C O L
K U U T R S P A N X G E O J M C S E I U Y Y A G
N Q A R S N G F D O L A K E Y Z V S Q L Q T P A
L Y T M K T H X N I G H A M N A O A U H S D M W
M A R K E T S E G M E N T A T I O N B A H J X P
A W V Y X Y A I B Z L D C X F E U U S E O O W M
Q E Z Z V S O G J A Y L Z C V L C P Z Q J I X M
P C N V Z N C N G B K K L S T Q I A P L D J P F
E E J X U Q I E F U N Y W Q V F M Z R B A P O O
C H T J I Q N O I T A T N E I R O L A U X E S H
E L Y T S E F I L T D I N C T H D K B R P X E L
G T H S Y L W I E T Z I K H J P G J A K A U C S
C N K A J D X F A X K X A L U R C E M S A I A D
C D N G D Z W U H K R K P S K L S V I H P A R E

Disposable Income Sexual Orientation Religion Race Gender Age


Income Lifestyle Behaviour Demographics Location Market Segmentation

For lots more Business Studies content, subscribe to our YouTube channel @TwoTeachers or follow us on social media:

Twitter @TwoTeachersBiz | Facebook @TwoTeachersBusiness | Instagram @TwoTeachersBiz | TikTok @TwoTeachers

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