Home Assignment in Marketing Segmentation‚ Targeting‚ Positioning Prepared by: Eszter Oláh Course: BABS 2. Seminar Leader: József Kapitány Seminar: Every alternate Monday 8.00 9.30 Satisfying people ’s needs and making profit along the way is the purpose of marketing. However‚ people ’s needs differ and therefore satisfying them may require different approaches. Identifying needs and recognising differences between groups of customers
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Consumer Behavior (MKTG2101) Introduction Background of Cadbury Company ’ ’There ’s one product that sells in good times and bad - a bar of chocolate”. It has been an axiom of Cadbury Company for generation. Today‚ the company which was opened in 1842 by John Cadbury‚ Is the global leader in the chocolate confectionery manufacturer. The beginning of Cadbury journey is when John Cadbury opened up a shop in Birmingham and sold coffee‚ tea‚ drinking chocolate and cocoa. In the later stage‚ John’s
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also gone into corporate social responsibilities. Cadbury is an international company that is the second largest confectionary company in the world. (Factbox: British confectioner Cadbury 2010). Therefore‚ they have a bigger impact to affect both positively and negatively on the society as they have a bigger influence and power on the society due to their dominance in market share. In this essay‚ it will go in depth about the performance of Cadbury in relation to its corporate social responsibility
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people. This is the cause of the existence of market segmentation. Segmentation is a marketing management technique which can help firms to find ways of establishing a competitive advantage. Marketers design a marketing mix program‚ and also its policy‚ aims to specific needs of a segment that company has chosen to launch its product. Apparently‚ it can be easy but it is not. Companies have serious problems when they want to itself in international market‚ due to wide divergence in cross-border consumer
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value and employees values‚ which therefore increases the efficiency of the efficiency and opportunities gained by the company. Cadbury plays a vital role to its environment‚ which increases sustainability in the long run. • Commitment to the environment -award for ‘Preserver of the environment’ • Water – commitment of increase water conservation
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2.1 Segmentation What is market segmentation? It means‚ dividing the market into distinct groups of buyers in order to set a product in it and define the marketing mixes. This means‚ that everyone has got different needs and wants‚ so it is necessary to segment the market. There are different variables‚ which can be used to segment a market. 2.1.1 Geographical segmentation Geographical segmentation includes the region‚ where the customers come from. We target on the whole of the Netherlands
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Market Segmentation Market segmentation is a strategy which divides a target market into subset according to consumer needs and desires and applicable for the good relevant and services. It depends only on the specific characteristics of the products and this subset is divided according to the criteria of age and gender. Campaign can designed a target which specific consumer segments can desire. A successful market segmentation and differentiation can give a firm a commercial advantage. Market
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Demographic segmentation divides the market into groups based on demographic variables including age‚gender‚ family size and life cycle. The following four variables are examples of demographic factors used in market segmentation: 1. Age : Consumer needs and wants change with age. The marketing mix may therefore need to be adapted depending on which age segment or segments are being targeted. Case Study : The lure of generation Y With a plethora of anti-ageing products flooding the market‚ catering
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Charity organisations: 15 Direct and Indirect Competitors. 15 Swot Analysis: 15 Segmentation Criteria: 17 Marketing Cadbury Marvellous Creations Jelly popping candy beanies chocolate to South Africa and Germany: 17 Geographic: 17 Demographic: 17 Psychographic: 19 Motives 19 Lifestyles 19 Behavioural: 19 Occasion 20 Readiness to buy the product 20 Benefits 20 Attitude 21 Marketing Cadbury Milkybar chocolate to New Zealand and Saudi Arabia: 21 Geographic: 21 Demographic:
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Vodafone segmentation A Global segmentation has been developed and applied across all markets in the last 5 years. It covers consumer and business user segments‚ and in addition they have a chooser segmentation. The key challenge when doing the global segmentation was using variables which they are confident are applicable across all markets. Hence segmentation is predominantly age/lifestage‚ with some variables linked to attitudes to technology. A couple of segments that have been quoted
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