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MNM2615 Assignment 1 Semester 1 | Due March 2025

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MNM2615 Assignment 1 Semester 1 | Due March 2025. All questions answered. As a marketing consultant, you are required to identify an SME/SMME in your neighbourhood and base Assignment 01 on that SME/SMME. Visit the chosen or identified SME/SMME and discuss the following with the owner/manager: the background, demography, African consumer culture and population implications for the marketing structure. After the discussion with the owner of the chosen/identified SME/SMME, briefly summarise the following: (a) Background of the chosen/identified SME/SMME (b) Key concepts relating to demography, African consumer culture and population implications for the marketing structure. QUESTION 1 Describe the background of the chosen SME/SMME. Your answer should not exceed half a page (5 marks for the background). (5) QUESTION 2 (a) Explain demography to the identified SME/SMME owner/manager (5 marks for the theoretical explanation). (b) Discuss the demography of the chosen SME/SMME and give practical examples to clarify your discussion (10 marks for the practical examples and clarification). (15) QUESTION 3 (a) Discuss the factors that affect the African consumer culture (5 marks for the theoretical discussion). (b) Explain how African consumer cultures may influence the chosen SME/SMME (10 marks for the practical application). (15) QUESTION 4 (a) Describe the population implications for the marketing structure to the owner/manager (5 marks for the theoretical discussion). (b) Explain how the population implications can influence the structure of marketing of the identified SME/SMME (10 marks for the practical application). (15)

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Subido en
25 de febrero de 2025
Número de páginas
6
Escrito en
2024/2025
Tipo
Examen
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, PLEASE USE THIS DOCUMENT AS A GUIDE TO ANSWER YOUR ASSIGNMENT

Please also note that the author of this document will not be responsible for any plagiarism you
commit.

As a marketing consultant, you are required to identify an SME/SMME in your neighbourhood
and base Assignment 01 on that SME/SMME. Visit the chosen or identified SME/SMME and
discuss the following with the owner/manager: the background, demography, African consumer
culture and population implications for the marketing structure. After the discussion with the
owner of the chosen/identified SME/SMME, briefly summarise the following:

 Question 1

1. Describe the background of the chosen SME/SMME.

The chosen SME is "ZuluCraft Creations," a small business located in the heart of Durban,
KwaZulu-Natal. Established in 2018, ZuluCraft Creations specializes in handmade traditional Zulu
beadwork, woven baskets, and other authentic African crafts. The business was founded by Mrs.
Nomusa Dlamini, a passionate entrepreneur who wanted to preserve and promote Zulu heritage
while creating employment opportunities for local artisans.

ZuluCraft Creations operates out of a small workshop and retail space in the bustling Warwick
Junction market. The business sources raw materials locally and employs a team of six skilled
artisans, most of whom are women from the surrounding community. Their products are sold both
locally and internationally, with a growing online presence through their website and social media
platforms.

 Question 2

A) Explain demography to the identified SME/SMME owner/manager.

Demography is the study of population size, distribution, and structure, focusing on characteristics
like age, gender, race, ethnicity, and socioeconomic status. This data is vital for businesses as it helps
them gauge market size and potential. Key questions demography addresses include population size
and distribution, composition (e.g., gender ratios, age groups), and projected changes over time.
Understanding these factors enables businesses to identify and target specific market segments, tailor
products and marketing messages to appeal to particular demographics, and refine strategies based
on consumer behavior. Ultimately, demographic insights empower companies to create customized
approaches for different consumer groups, enhancing their market effectiveness.
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