Explain the characteristics of the market niche to which the product or service will be targeted.


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Write a 750- to 1,050-word memo to your prospective business partners in which you complete the following:

·         Describe the results of your competitive analysis.

·         Explain the characteristics of the market niche to which the product or service will be targeted.

·         Provide your recommendation of brand characteristics that will support the total product’s value.

·         Specify the overall value proposition of the total product

·         Recommend unique product characteristics that will appeal to the targeted market niche.

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