Mhd Mouafak Alomari Assignment: Market Segmentation and Product Positioning Strayer University Dr. Joel Nwagbaraocha Wednesday 04/19/2011 “My Teacher”: Introduction and identification “My Teacher” is a new service that made on the concept of helping‚ graduate or international student in the United States to develop and improve his educational career when he feels that he is under leveled or he lacks the ability of staying on the same level of his colleagues‚ and have the desire to increase
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segments. • Apply a valuation approach- market growth‚ barriers to entry‚ market access‚ switching‚ etc. are used. • Test the segments- A segment storyboard is to be created to test the attractiveness of each segment’s positioning strategy. • Modify marketing mix- expanding segment positioning strategy to include all aspects of marketing mix. Strategies for Reaching Target Markets Marketers have outlined four basic strategies to satisfy target markets: undifferentiated marketing or mass marketing‚
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One thing kids like is to be tricked. For instance‚ I was going to take my little nephew to Disneyland‚ but instead I drove him to an old burned-out warehouse. "Oh‚ no‚" I said. "Disneyland burned down." He cried and cried‚ but I think that deep down‚ he thought it was a pretty good joke. I started to drive over to the real Disneyland‚ but it was getting pretty late. ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬Better not take a dog on the space shuttle‚ because if he sticks his head out when you’re coming home his face
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Clean Edge Razor Splitting Hairs in Product Positioning 1 Index 1. Synopsis ……………………………………………………………………………………………….. 3 2. Situation Analysis…………………………………………………………………………………. 3 3. Alternative Evaluation………………………………………………………………………….. 4 4. Position Strategy‚ with explanation……………………………………………………… 5 5. Marketing mix………………………………………………………………………………………. 6 6. Expected Outcomes……………………………………………………………………………… 8 7. Appendices…………………………………………………………………………………………… 9 - 22 2 Synopsis: Based
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SEGMENTATION – TARGETING – POSITIONING Fragmentation of mass markets segments Consumers: variety of needs & preferences Marketers: offer variety of choices via multitude of marketing offerings Marketing segmentation: Needs Action Linking market needs to an org’s marketing program Market needs Segmentation/Targeting MM A market segment: Group of consumers with homogenous profile & common needs will similarly respond to a marketing program Segmentation – targeting – positioning 1 Using market-product
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to realise that it needs to have a big piece of land to get a Disneyland Park running for example accommodations‚ restaurants and rides. Secondly‚ we must understand the culture of the people that we are entering our business into. We would not want to fail just like Paris and Hong Kong. As we all know the phrase "History repeats itself" ‚ we cannot suggest Disney to buy all the surrounding land to monopolize the area near Disneyland. Locals will see that Disney looks like dictator just like in
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INTRODUCTION Marketing is an organizational function and a set of process to creating‚ communicating‚ and delivering value to customers and for managing customer relationship in ways that benefit the organization and its stakeholder. To delivery its value‚ the company needs a marketing plan and strategy. The objectives of a marketing strategy are to identify a target market and develop a marketing mix that will appeal to those potential customers. Decisions regarding the ideal marketing mix can
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Reed’s Supermarket Strategic Positioning What is Reed’s Position in the Columbus Market? Reed’s Regional Supermarkets’ Chain has been considered as high end in the supermarket food retail industry‚ since the past two decades. They have managed to steadily acquire 14-15 % of the intensely competitive Columbus market share throughout the past five years‚ with a good strongly competitive edge‚ yet still a challengeable position with all those new market entries & evolving generations of rivalry
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phenomenon that we have to wait for nearly one hour when encountering traffic jam‚ especially in some big cities like Beijing or Guangzhou. How can we avoid this annoying problem? It is probable that you used GPS already‚ one of the satellite positioning system. But the GPS can’t satisfy you at present because it only tells you how to go to your destination without reporting the real-time road condition for you. Therefore‚ you need some new facilities to follow what you really need. This is exactly
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Brand Positioning and Market Segmentation Brand positioning is an important strategy for achieving differential advantage. Essentially‚ positioning reflects “the place” a product occupies in a market or segments. GAP has a wide range of products that are reflected in multi-segments. Initially‚ as a specialty clothing retailer‚ GAP segmented the market using price as the sole criterion. GAP strategically decided to serve three major segments‚ which can be seen from price differences among GAP’s
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