Study of a demographic segment and its sub segment falling in the age group 18 year to 25 years Saneel Gaonkar IBS Gurgaon Study of a demographic segment and its sub segment falling in the age group 18 year to 25 years Introduction Different kinds of people display different buying patterns even in a segment of age group 18 years to 25 years. This truth is well understood by those people who are
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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‚
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Geographic Segmentation Geographic segmentation calls for dividing the market into different geographical units such as nations‚ regions‚ states‚ counties‚ cities‚ or even neighborhoods. A company may decide to operate in one or a few geographical areas‚ or to operate in all areas but pay attention to geo-graphical differences in needs and wants. ACI Logistic Ltd (shwapno) today is localizing their products‚ advertising‚ promotion‚ and sales efforts to fit the needs of individual regions
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DemographicSegmentation The word demographic can be related to the structure of populations or a particular sector of a population. Most of the marketers nowadays believed that the demographic segmentation bases are the most popular and practical segmentation bases. Kotler(1984‚ p. 255) states that “demographic variables are the most popular bases for distinguishing customer groups”‚ possibly because the ease with which this kind of data can be collected. Demographic segmentation divided the market into groups
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Call support Shipping Options • One • Many Finance Center • Line of credit • Instant loan • Lease Personalization Cross-Transaction Concerns • Display • Product info • Content • Suggestions User Preferences • Past buying habits • Psycho-demographics • Likely tendencies Customer Help • Call-In • 24 x 7 support • CRM software • Live chat Source: Overview of Design Space for Online Buyer Decision Support from International Journal of Human Computer Studies‚ vol. 55‚ Silverman‚ B.G. et al
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BLENDING OR/MS‚ JUDGEMENT‚ AND GIS: RESTRUCTURING THE P&G’S SUPPLY CHAIN Presented by Assel Gubaidullina and Carolina Argenté The case study analyzes in great details how by utilizing integer programming and network optimization worked in concert with Geographical Information System (GIS) to re-engineering product sourcing and distribution system for North America. Procter & Gamble is the biggest company in “Fast Moving Consumer Goods”. The company produces 300 brands worldwide in 140
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COMPETITIVE FORCES OF LOREAL AND P&G QUESTION 1- Environmental Forces: - Financial Factors. - Demographic Factors. - Technology Factors. - Terrorist Attacks. - Deregulation. 2- Competitor Analysis and Advantages: - Competitor Analysis. - Domestic Competition. - International Competitors. - Competitive Advantage. the competitor is L’Oreal campany. SOLUTION In this project we are going to analyse the marketing strategies of P &G‘s Cosmetic Section which it
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References………………………………………………………………12 Appendix……………………………………………………………13-14 Introduction During this case study of Procter and gamble I will be analyzing key external and internal factors that play a major role and how P&G strategize the operation of its business. P&G has been in business for over more than a century founded in 1837 in Cincinnati‚ Ohio by William Procter and James Gamble coming together to make and sell candles and soaps (David‚ 2013). This humble beginning has since
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The World Leader in Enterprise Marketing Management How P&G Leverages Its Scale In Ways Competitors Don’t Fully Appreciate www.emmgroup.net How P&G Leverages Its Scale In Ways That Competitors Don’t Fully Appreciate Contents Executive Summary Leveraging Scale With the Retail Trade Use Corporate-funded Projects to Leverage Scale Leverage Scale With Specific Consumer Cohorts Systemic Strategies That Use Scale to Overcome Inertia Conclusion – Scale With Fewer People; Scale at Every Juncture
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fabric and home care and also snacks and coffee products. The business of P&G is done globally ever since the nineteenth century. Although the nature of business has some similarly by its competitors‚ it has a strong brand name and had created brand awareness among people around the world. Thus‚ the business had sustained its competitive advantage among its competitors. Four of P&G ’s latest product developments have used P&G ’s research expertise to satisfy new consumer needs in the fabric care‚ cleaning
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