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TO: Tiffany Morrow, Vice President of Marketing
FROM: Marketing Analyst at Destiny Marketing
DATE: July 2, 2022
SUBJECT: Case Analysis Results for Amazon Smart
Thermostat
Amazon smart thermostat
is a smart home technology used by people living on their own to control their
homes' temperatures using digital devices remotely. The device allows people to
access their home heating and air conditioning systems and automatically
schedule the home's temperature all day. Smart thermostats' ability to regulate
temperatures remotely keep a home as comfortable as possible day and night (Godwin
et al., 2019). Amazon smart thermostats are WIFI enabled, allowing owners to
easily adjust the warmth or coolness of any room in their house. The devices’ users
access and control Amazon smart thermostats using devices downloaded from their
smart devices.
The Market Segment
Young adults living on their own are the market segment for amazon's smart thermostat. This group of customers like living a luxurious life since most are working, but they have a few expenses (Shahnasarian & Hilby, 2020). They have small and young families whose expenses are few. Young adults spend more on Amazon smart thermostats than any other...