relevent segmentation criterias‚ for the Innocent smoothie products: behavioural‚ psychograpic and demographic. Behavioural: their products are adressed to customers who wants healthy food‚ and who wants to live in a healthy way. These customers might also want to improve their self-image because of Innocent’s strong reputation‚ and for its high prices‚ which are not affordable for everyone. Psychographic: those who buy Innocent’s smoothies‚ are mostly wealthy-‚ time-‚ and health-conscious consumers
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Environmental scanning Question 2 3 out of 3 points Which of the following sets of terms describe approaches used by B2C marketers to segment their markets? Answer Selected Answer: demographic‚ psychographic‚ and behavioral factors. Correct Answer: demographic‚ psychographic‚ and behavioral factors. Question 3 3 out of 3 points In customer relationship management‚ firms selling big-ticket items with small customer bases often find it advantageous to develop Answer
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• Values • Health • Life span • Education • Interests & hobbies • Race • Local/national areas • Age • Religion 1 SILK TOPSHOP PENCIL DRESS Demographic: Topshop’s target customers who are women aged between 18-25 years old with an income range of £10‚000 - £50‚000 a year. Their target audience is young‚ fashion-conscious people on a budget. Psychographic: Customers tend to have goal orientated lifestyles & commitment to to career & family‚ their image is important to them & they are motivated by
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states‚ regions‚ countries‚ cities‚ neighborhoods‚ or zip codes. Geo-cluster approach combines demographic data with geographic data to create a more accurate profile of specific [1] With respect to region‚ in rainy regions you can sell things like raincoats‚ umbrellas and gumboots. In hot regions you can sell summer wear. In cold regions you can sell warm clothes. [edit]Demographic Segmentation Demographic segmentation consists of dividing the market into groups based on variables such as age‚ gender
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difficult it is to find truly qualified prospects. You can use basic demographic information to target people you would assume to be qualified prospects‚ but are you truly reaching your best possible audience and most valuable potential clients? Cluster Marketing Now Covenant makes finding qualified prospects easy. Covenant gives financial professionals a unique advantage through our cluster marketing platform. Using in-depth psychographic information‚ we can give you a complete analysis of households
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What are Segmentation Variables? To understand what segmentation variables in marketing are‚ it helps to first know what market segmentation is. Market segmentation is the analysis of population demographics so they can be categorized in specific ways. These specific ways of categorization in market segmentation are why segmentation variables are needed and used. Four (4) groups of Segmentation Variables – 1. Geographic segmentation is based on variables such as: • Region: this kind of
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(also referred to as segmentation variables)‚ which an organization could effectively utilize to come up with market segments. As a simple guide‚ segmentation bases can be classified into five major categories: * geographic‚ * demographic‚ * psychographic‚ * behavioral By using any of these segmentation bases‚ either individually or in combination‚ a company can construct market segments for evaluation to help them select appropriate target markets. Basis for segmenting consumer markets
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In the Marketing Segmenting there are four kind of segmentation‚ they are Behavioral Segmentation‚ Demographic Segmentation‚ Psychographic Segmentation‚ and Geographic Segmentation. Behavioral Segmentation is the most powerful type of segmentation because it uses actual consumer behaviour or product usage to make distinctions among market segment (Farrell & Hartline‚ 2005). Demographic Segmentation consists of dividing the market into group based on variable such as age‚ gender‚ family
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Marketing Project Guidelines Topics Market Introduction of market segmentation (NOT FROM THE NOTES) Basis of market segmentation – Consumer characteristic approach - Demographic‚ Geographic‚ Psychographic‚ and Behavioral Segments. (There are many subdivisions under each base.) Consumer response approach – benefit‚ loyalty‚ usage and occasion Marketing Strategies – undifferentiated‚ differentiated and concentrated marketing strategies. Why segmentation the market Facilitates the right
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segmentation uses many factors that include four categories: Geographic segmentation that divides consumers based on region‚ climate‚ domestic‚ international‚ urban‚ rural‚ and suburban. Demographic segment includes age‚ gender‚ ethnicity‚ social class‚ occupation‚ family status‚ education‚ and income. Psychographic segmentation includes values‚ beliefs‚ attitudes‚ and lifestyle to group the market. Behavior segmentation uses variables that include price‚ loyalty‚ behavioral patterns. In 1993‚ Kate
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