POSITIONING Positioning the process of designing an image and value so that consumers with the target segment understand what the company or brand stands for in relation to its competitors. It also refers to the place an offering occupies in consumers minds on important attributes related to competitive offerings. Positioning is not actually something that is done to product; rather it is something that is done to minds of consumers by marketers. It relates to now consumers perceive the product
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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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Positioning and repositioning Before positioning companies has to do segmentation and targeting. Segmentation is dividing the market into segments upon some set of criteria and evaluating the profitability of each segment Targeting is selecting one or more segments and going after them Positioning is how do you want your brand to be considered by consumers when compared to other competing brands. Positioning is based on product features such as color‚ price‚ fluffiness‚ quality of service
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market segmentation Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs (and/or common desires) as well as common applications for the relevant goods and services. Depending on the specific characteristics of the product‚ these subsets may be divided by criteria such as age and gender‚ or other distinctions‚ such as location or income. Marketing campaigns can then be designed and implemented to target these specific
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Analysis: Accer‚ Inc:”Taiwan’s Rampaging Dragon” 1. Based on the information presented in the case‚ what type(s) of strategy (i.e.‚ international‚ multinational‚ global‚ or transnational) would you say is 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
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Slide 1 9 Slide 2 Market Segmentation‚ Targeting‚ and Positioning © 2011 McGraw-Hill Ryerson Ltd. All rights reserved. Today’s Topics After reading this chapter‚ you should be able to: 1.Explain what market segmentation is and when to use it. 2.Identify the five steps involved in segmenting and targeting markets. 3.Recognize the different factors used to segment consumer and organizational (business) markets. 4.Know how to develop a market-product grid to identify a target market
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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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Segmentation Why segmentation? External factors - globalization - clutter - knowledgable customers - competition - technology Internal factors - allocation of resources - effective marketing programmes - opportunies For NPD or/and market development Breaking down the market Potential market (everyone out there) Available market ( those who could buy the product) Target market (those we address) Penetrated market (those who actually buy the products) From
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Head and Face | Findings | Analysis | Inspect the head: Size‚ Shape and Configuration. | Upon inspection patient’s head is symmetric‚ round‚ erect and in midline. No lesions are visible. | Normal | Inspect for involuntary movement. | Upon inspection patient’s head is held still and up right. | Normal | Palpate the head: palpate for consistency | Upon palpation patient’s head is hard and smooth without lesions. | Normal | Inspect the face: symmetry‚ features‚ movement‚ expressions and
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caused the company to outpace scores of other 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
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