% of the sales of Reebok India come from the women’s segment. Income – On the basis of Income‚ Reebok has divided the market into lower income level group‚ mid income level group and high income level group. As per one of the initial Income segmentation strategy of Reebok‚ it divided the consumers as car owners and non-car owners. But this strategy also backfired because at that time many car users were not the car owners. Either they were using the company car or were using government car. So
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targeted might vary for one communication tool to another‚ however the company uses these different marketing tools to target the entire consumer market right from young to old‚ students to retirees‚ etc. As a result it can be stated that one of the segmentation variables on the basis of which Telstra targets consumers is the demographic variable of age. 3. Communication Objective: Advertising (Outdoor Media/ Billboard): This advertisement aims at attracting the consumers to purchase the latest
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Dabur eyes Rs 500 crore sales turnover from Real juice BS Reporter / New Delhi February 21‚ 2007 Dabur Foods‚ a 100 per cent subsidiary of FMCG company Dabur India‚ aims to achieve a sales turnover of Rs 500 crore by 2010 from its flagship juice brand Real. Towards this‚ the company will invest Rs 100 crore over three years. Of this‚ Rs 70 crore will be utilised for expanding manufacturing lines in Jaipur‚ Siliguri and Nepal. Currently‚ Dabur Real contributes Rs 175 crore to the kitty of Dabur Foods
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MARKET SEGMENTATION Bases for Segmentation in Consumer Markets Consumer markets can be segmented on the following customer characteristics. * Geographic * Demographic * Psychographic * Behavioralistic 1. Geographic Segmentation The following are some examples of geographic variables often used in segmentation. Region: by continent‚ country‚ state‚ or even neighborhood Size of metropolitan area: segmented according to size of population Population density: often classified as urban‚
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Zero© Ice-cream Juice Bar Enterprise Project Lecturer: Tom Colon 29/03/2013 Students: Ramyar Assad‚ Jinghua Sun Content 1. Executive Summary 2. Description of Business 3. Market Research/ Analysis 4. Marketing Plan 5. Production/Operations Plan 6. Human Resources & Organisational Structure 7. Financial Plan 8. Start-Up Schedule 9. Appendices 10. Bibliography Executive Summary The business which is going to be
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Jungle Juice “You heard Morgan might get suspended? She’s been in the principal’s office all day” says Marcus. “Marcus could you slide me one of the chocolate milks?” says Sam as he sits down with a tray of cheese pizza‚ fries‚ and an apple. “Yeah I gotta tell you this crazy story of what happened at her party last night.” Marcus sits down on the opposite end of the lunch table and gives Sam chocolate milk. “Those fries are so stale I don’t know why you eat them.” “I just use them to pick my teeth”
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Four bases of segmentation Geographic Collecting and analysing information according to the location of the customer or other data source. Geographic segmentation is often used in marketing‚ since companies selling products and services would like to know where their products are being sold in order to increase advertising and sales efforts there. A local shop such as a local takeaway use geographic segmentation by targeting customers within a 10 mile radius‚ they can do this by posting leaflets
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Market segmentation is an integral part of a company’s marketing strategy. It is the process of breaking down a larger target market into smaller‚ more homogeneous groups of customers that you can more efficiently market to. Both consumer-oriented and business-oriented companies should segment customers using one of several common approaches. Demographics Demographic market segmentation is one of the most common approaches to segmenting markets. With this strategy‚ a company simply divides the
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have mass marketing phenomena‚ are now adopting this new world’s strategy i.e. segmentation. The purpose of segmentation is the concentration of marketing energy and force on subdividing to gain a competitive advantage within the segment. It’s analogous to the military principle of concentration of force to overwhelm energy. Concentration of marketing energy is the essence of all marketing strategies and market segmentation is the conceptual tool to help in achieving this focus. The marketer must try
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LALA LAJPATRAI COLLEGE OF MANAGEMENT Subject : Service Sector Management Topic : Market Segmentation (Partial fulfillment for T.Y.B.M.S Course (Semester V) for the year 2010-2011.) Prof In charge : Prof . Rishikesh Kangale () Sign: _________ MARKET SEGMENTATION Market Segmentation is defined as the process of splitting customers‚ or potential customers‚ in a market into different groups‚ or segments‚ within which the customers
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