Create a new product

You will need to provide information on how your product is superior to your competitions product.1) Define and explain each of the following tools/concepts below.The strategic planning processS.W.O.TMarket SegmentingTarget MarketingProduct PositioningOfferings: —product, price, and service.2) Use two or more of the concepts from part 1 in your product assessment.3) Analyze security, privacy, ethical, and legal issues related to the digital information world and marketingThe assignment needs to be in a Word document and in APA format. You must cite at least 3 academic references. The page requirement is a minimum of 4 body pages in length. This does not include the cover and reference pages.