Market Segmentation Market Segmentation means breaking down the total market into self contained and relatively homogeneous subgroups of customers‚ each possessing its own special requirements and characteristics. This enables the company to modify its output‚ advertising messages and promotional methods to correspond to the needs of particular segments. Accurate segmentation allows the firm to pinpoint selling opportunities and to tailors it’s marketing activities to satisfy on consumer needs.
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would you segment the market (remember that a segmentation scheme must consist of mutually exclusive categories‚ and that the set of categories must be exhaustive)? A market can be segmented based on demographic (age‚ income‚ generation‚ education)‚ geographic (region‚ city size)‚ psychographic (activities‚ hobbies‚ interests)‚ or behavioristic (brand loyalty‚ price sensitivity) variables. The data from the Arnolds Communication research can be helpful in segmenting the market for the New Beetle case
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Suresh Venkataraman‚ a successful marketer had always wondered how shampoo transformed from an unaffordable product to an affordable one and also believed that the rural markets in India offered a huge potential in consumer products. He was doubtful about the brand names of different shampoo brands being complex to understand that is why he decided to launch a product called “super shampoo” which was easy to pronounce and projected a superior image against whatever it was competing against. To develop
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Shampoo Industry 20.11.02 Category : FMCG Product : Shampoo This Presentation Covers • • • • • • • • • • • • • What is FMCG ? Characteristics of FMCG products Hair Care Category in India Types of Shampoos Hair Care Facts Market Size Awareness Shampoo usage details Penetration details Growth in this industry Evolution of shampoo as a product The top brands Ad Spends‚ and brands on the net What is FMCG ? FMCG refers to consumer non-durable goods required for daily or frequent use. Typically
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La Shampoo is a high quality and more expensive product that has the same marketing strategy over years. From 1989‚ the line start to slowly decline its sales. The ad agency tried to develop new look campaign‚ but this solution did nothing for La Shampoo sales and customers didn’t even noticed the change. Caroline‚ the brand manager wanted a new marketing plan to improve the sales and increase the market share‚ not to just keep the product remain on retailer’s shelves. She made a marketing meeting
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Mini Project Report on Dove Shampoo (2010-2012) Submitted By: RESHMA M NATH Under the guidance of Dr. K. Gopalakrishnan Nair Department of Business Administration College of Engineering‚ Trivandrum Department of Business Administration College of Engineering‚ Trivandrum 2011 Certificate Certified that this Mini Project Report titled “Dove Shampoo” is a bonafide record work done by RESHMA M NATH in this department as part Of second semester‚ MBA in the Department of Business
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How do marketers assess the need of a product to market it… In today’s competitive‚ global environment‚ new products and innovation are critical to a company’s growth and sustainability. Many companies today focus only on cost reduction. Generating revenue via new‚ differentiated products should also be part of the corporate strategy. Product development must be done within a strategic context that takes into account emerging market trends‚ environmental and regulatory rulings and trends‚ customer
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Making Your Own Organic Shampoo Once you have chosen your castile soap base‚ you can add your essential and/or fragrance oils to the mixture. Different oils will affect the hair in different ways depending on what you are looking for in a homemade shampoo. For instance if you are looking to control dandruff and to sooth an itchy scalp‚ then you would add Tea Tree oil and Chamomile to your shampoo base. If you wanted to add extra shine to your hair with a great scent‚ then you would add Lemongrass
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ability of shampoo. I wash my hair every day in the morning‚ as I feel my hair is so oily and dirty and gives me uncomfortable feeling. I have to spend significant amount of time in the morning for hair washing followed by hair drying and I want to reduce my frequency of hair washing as other people do. My frequency of hair washing was suspected due to the used of poor shampoo cleansing ability and therefore I need to find and use the suitable one. In order to find shampoo with good
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introduction we want to find out the acceptance of our new herbal shampoo product. I would like to know weather you have used our herbal shampoo product (Ayur herbal shampoo with shikakai & triphala) Yes No ( If Answer to Q1. is yes then proceed to Q2. else thank respondent & terminate interview ) Q.2) Have you used any herbal shampoo product before? Yes
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