Market segmentation: We divided the market segmentation criteria into 3 main groups: Segmentation criteria profile psychographic bahavioural Socio-economic: -disponible Income: -more than average disponible income -less than average disponible income lifestyle: -luxury orientated -value orientated benefits soughts: - price conscious - quality conscious - image conscious - ethical conscious geographic: -location: -urban area -non urban area Buyer habits: -Super/Hypermarkets
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Background Founded in 1976‚ Acer ranks among the world’s top five branded PC vendors. In 2000‚ Acer spun-off its manufacturing operation to focus its resources on developing technologically advanced‚ user-friendly solutions. The decision to support the sales of its product lines through specific marketing activities that best utilise distribution channels‚ has allowed Acer to achieve excellent results worldwide. Overcoming the barriers between people and technology: This is Acer’s long-term
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Market Segmentation: For Café de Coral‚ it has different groups of target customers by various segmentations. 1. Demographic segmentation - Income -Café de Coral has segmented the customers by income. It primarily targets at the middle income group (Monthly income around HK$10‚000 and HK$30‚000) rather than low-income group1. The reason for choosing this segment is the middle-income group has better purchasing power and requires products with quality. But for low-income group‚ as they lack
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Product Differentiation and Market Segmentation in Applesauce: Using a Choice Experiment to Assess the Value of Organic‚ Local‚ and Nutrition Attributes Jennifer S. James‚ Bradley J. Rickard‚ William J. Rossman Recently‚ there has been much interest among horticultural producers concerning the marketing of organic and locally produced food. A consumer survey was administered that asked respondents to choose an applesauce product from a list of products differentiated by price‚ and by labels that
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Chapter 8 is entitled Segmentation‚ Targeting‚ and Positioning and focuses on how companies divide their markets‚ how they choose which markets to pursue‚ and how they position their products to make them more attractive to consumers. The chapter starts of by detailing the five levels of the Segmentation‚ Targeting‚ and Positioning Process. The first two steps are a part of Segmentation and they are developing the strategies or objectives and segmentation methods. The next two steps‚ evaluating
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Case Study 1: Acer Dr. Linda Harris International Marketing April 28‚ 2013 1. Acer’s Strategy has been described as “divided and conquer.” Compare and contrast this to Lenovo’s strategy. Acer Computer Company was founded in Taiwan in 1976. Acer is known to be one of the leading exporter and the world’s seventh-largest personal computer brand. Lenovo Computer Company came into business around 2004. Both Acer and Lenovo are leaders in the computer industry of personal computers
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Acer was founded in 1976 under the name “Multitech” and had a significant role in popularizing the PC use in Taiwan. The Brand name was firmed in 1987 and then Acer switched from technology manufacturer to world-wide recognized computer brand name. Strength: Acer has many innovations like the Aspire One laptop that let the user connect to the Net almost anywhere with 8 hours of battery live. Acer presented the Tempo Smartphone series in 2009 to compete in the lucrative mobile phone market. Acer
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Case Study 1: Acer (Case 1-3) MKT 505 International Marketing July 20‚ 2013 Acer’s strategy has been described as “divide and conquer.” Compare and contrast this to Lenovo’s strategy. Divide and conquer is a strategy that was initially applied in the military to weaken the enemy forces. It involves splitting the enemies force into two or more elements. This weakens the enemy increasing the vulnerability to attacks from more than one direction. The old adages ’unity is strength‚’ and
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used by Acer? Based on the information provided in the case the type of strategy that is used is transnational. According to the text transnational organizations includes the ability to be more innovated and to meet the global demands and national responsiveness. The definition of Transnational Industries is when companies respond effectively to all diverse and conflicting forces at the same time to manage efficiency‚ responsiveness and innovation. They have invested in foreign markets but didn’t
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Taiwanese PC companies? Acer was established as a company performing multi-sale/service functions. The drive to make profit pushed the founders to grasp every opportunity available which included importing electronic components‚ providing engineering and design advice to local companies‚ publishing journals and offering training courses. Despite being capital constrained‚ Acer had a brilliant start-up and soon it outpaced all other competitors on the Taiwan PC market. Based on my understanding
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