Chapter 2 Market segmentation Schiffman‚ Bednall‚ O’Cass‚ Paladino‚ Ward & Kanuk: Consumer Behaviour 4e © 2007 Pearson Education Australia Chapter Objectives To define market segmentation To review the uses of segmentation To outline the nine main bases of segmentation To understand the main segmentation approaches To outline the criteria for effective market segments To distinguish between concentrated and differentiated marketing Schiffman‚ Bednall‚ O’Cass‚ Paladino‚ Ward &
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[pic] [pic] A Research Study on Rise of Retail sector in Rural India By Karan Kathuria (9030241411) Nitin Solan (9030241419) Sumit Aggarwal (9030241433) Vibhor Gupta (9030241436) Table of Contents Abstract 4 1 Introduction 5 1.1 Background 5 1.2 Purpose of the Study 6 1.3 Research Questions 7 1.4 Research Methodology used 7 2. Literature Review 8 3. Data Analysis - Preference of Various FMCG goods in rural market 8 3.1 Toothpaste market in rural sector
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3. Price and Supply Inflation Trend 3.1. The Consumer Price Index (CPI) based annual inflation rate that had earlier shown rising trend since the FY 2005/06 and attained highest point of 12.6 percent in the FY 2008/09 has come down in the last two fiscal years. Although‚ inflation rate had stood below 5.0 percent for about half a decade prior to the FY 2005/06. Both the internal and external causes have influenced the rise in inflation rate in the past few years. Frequent closures‚ strikes
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Market segmentation- is the process in marketing of dividing a market into distinct subsets (segments) that behave in the same way or have similar needs. Because each segment is fairly homogeneous in their needs and attitudes‚ they are likely to respond similarly to a given marketing strategy. That is‚ they are likely to have similar feeling and ideas about a marketing mix comprised of a given product or service‚ sold at a given price‚ distributed in a certain way‚ and promoted in a certain way.
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learning strategies In the scope of the grammar learning strategies‚ all the categories fell within a medium strategy use level (3.14). The most highly frequently used strategies were affective (3.33). After that‚ there were compensation and cognitive strategies (3.26 and 3.25‚ respectively). Then social strategies with a mean of 3.21‚ followed by memory and metacognitive strategies with means of 3.17 and 2.81‚ respectively.Similarly‚ Riazi and Rahimi (2005) reported the result of their study showing
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The Study of Consumer Behavior MKT 6510 Does Gender Affect Product Color Preference and Will a Person Choose Differently Due to His or Her Environment? Final Report Executive Summary Businesses are generating an extra profit by exploiting a simple standard in society: gender specific colors. One product is offered in both feminine and masculine colors in order to boost sales for each gender class. It is questionable then
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A Priori Segmentation: Market segmentation which is not empirically based. It involves segmenting markets on the basis of assumptions‚ custom or hunches. A.C. Nielsen Retail Index: Provides consumer oriented and media research market intelligence from various sources. Accuracy: The ability of a measurement to match the actual value of the quantity being measured. ACORN: ACORN is a geo-demographic tool assisting business in understanding their target market. ACORN focuses on population location
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about 3% in 2008‚ due to the financial crisis worldwide. ( Bain and Company’s luxury goods worldwide market study). Some of the most Luxurious Countries included : >> U.S.A >> Japan >>Taiwan >>Germany >>Italy >>France >>U.K >>Brazil >>Spain >>Switzerland According to the study conducted‚ the above markets constitute about 80% of the global markets. High End Product Brands We know some consumers buy luxury brands because they are called ‘Luxury Brands’. Be it status‚ badge value‚ or a desire to feel
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reading two case studies and answering both questions under "Discussion Case 1" ( Chapter 1 Opening Case “Hershey’s Enterprise 21 Project” ) and answering the following questions for case 2 "Rolls Royce’s ERP Implementation" (Chapter 1) that are listed on page 34 in the text which are the following: 1. What do you think of RR’s ERP Implementation Project? Did they select the right implementation strategy? 2. Discuss the Critical Success Factors of RR’s implementation strategy and the role
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Limited London Amstrong‚ M.‚ (2008)‚ “Reward Management: A handbook of Renumeration Strategy and Practice”‚ Kogan Page Limited London Gunnigle‚ P.‚ Heraty‚ N.‚ & Morley‚ M.‚ (2006) “Human Resource Management in Ireland”‚ Gill & Macmillan‚ 3rd Edition Dublin Gibb‚ S.‚ (1994)‚ “Inside corporate mentoring schemes: the development of a conceptual framework”‚ Personnel Review‚ Vol Lynch‚ R.‚ (2003)‚ “Corporate Strategy”‚ 3rd Ed‚ FT Prentice Hall Kinne‚ N Amstrong‚ M.‚ (2006)‚ “Strategic Reward: Making
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