SEGMENTATION AND POSITIONING Understanding Markets Strategy planning to narrow down the process - understand your customers Identify the market based on the marketing mix - 4 Ps Don’t just focus on the product‚ e.g.‚ Hallmark sells more than just greeting cards Generic markets: market with similar needs and sellers offering diverse to satisfy those needs Product market: market with very similar needs and sellers offering various close substitute ways of satisfying those needs Broaden market definitions
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MINUTE BURGER Chapter I. Company name: Leslie Corporation Address: AB Fernandez Dagupan City Branch Contact person: Leslie Corporation‚ Franchising Department 4 Dama de Noche St.‚ UPS 4‚ Paranaque City Tel: (02) 776-7740‚ 823-2566 loc. 269 Email: info@minuteburger.com Web: www.minuteburger.com 1.2 Minute burger‚ a newly founded business which majors in Pangasinan deals with the all new popular buy one take one burgers. Minute burger majorly functions in the selling of burgers‚ prepared
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Hoosier Burger Case: Part 2 The project development team for Hoosier Burger has had several meetings with the owners‚ Bob and Thelma Mellankamp. Mr. Mellankamp has stressed the important improvements and shared that the businesses food demand has increase drastically. There have been numerous problems that have arisen from this type of demand and could affect business if a system is not created to meet those needs. The purpose of this essay is to discuss how the Hoosier Burger project was identified
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Dave’s Burgers Case Dave’s Burgers is striving to keep up with its competitors in the market. The company constructed drive-through windows at all of its locations in order to increase customer traffic. The company had continuous problems after installing these drive-through windows and actually lost some of its market share to its competitors. The management team selected three locations to test TQM methods. They discovered that the major problem was slow‚ erratic service at the drive-through windows
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Case 1-Ramly Burger Question 1 What are the likely advantages of Ramly Burger of using the agents as its main distributor especially to large retailers? In understanding marketing channels‚ it is important to know the reasons for the existence of channel structures. These structures typically called intermediaries because they stand between production on one side and consumption on the other. Intermediaries also known as an agent. Channels evolve through the need for specialized functions which
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Segmentation and Target Market for Kate Spade Kimberly McCain MKT 571/Marketing May 18‚ 2015 Dr. M. Dee Guillory Market segmentation divides the market into smaller clusters to promote products and services differently for each and are specific to the target market. It divides larger markets into smaller markets such as gender or age with shared characteristics. Target marketing directs the marketing activities toward a group of consumers. Kate Spade’s market segmentation uses many factors
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BURGERS Gold Standard: most desirable or best attributes of a product that is highly acceptable to the customer. TEMP: served hot 130 °¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬ F TEXTURE: Bun soft and spongy not dry and soggy‚ Patty tender and juicy not dry‚ Cheese moist not hard and crumbly‚ Tomato firm and juicy DONENESS/TASTE: Patty fully cooked‚ no burnt taste‚ bun without distinct fermented flavor‚ no off taste on any ingredients. APPEARANCE: Ingredients are complete and properly portioned‚ packaging used
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Explain the difference between positioning and repositioning and discuss why marketing managers may regard repositioning a product necessary. Give example. Positioning is means that to determine a reasonable location in potential customer’s mind. It doesn’t mean that the company should create a new product‚ something different or services. Instead‚ positioning is tried to manipulate people’s mind and idea. Positioning is an important strategy in marketing strategy and if the company wants to success
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strange word‚ “positioning.” Its origins are shrouded in the fog of history. The popular marketing writers‚ Jack Trout and Al Ries‚ started talking about position or positioning in 1972 or thereabouts‚ and took credit later for having invented positioning. However‚ I believe that positioning was an emerging concept and a term‚ in at least limited use‚ within the marketing and advertising community at the time that Trout and Ries first wrote about it. Certainly‚ the basic concepts of positioning were not
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Ramly Burger does not need introduction for Malaysians‚ and the popularity of the Ramly brand itself eclipses its very own creator‚ Ramly Mokni. Ramly is the guy who has almost single-handedly changed the way how burgers are commercialized via the ’gerai’ concept. In 1970s‚ imported meat became very popular in Malaysia and Ramly saw the opportunity to have burger meat locally produced at high volume which could match the standard of the imported meat while maintaining its halal standard. So‚
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