MARKETING RESEARCH AND MARKET SEGMENTATION 1. 2. 3. 4. 5. Objectives: Market research‚ product research‚ price research‚ sales promotion research and distribution research A wide variety of procedures used in marketing research The requirements for and benefits of market segmentation Geographic‚ demographic and psychographics segmentation The value of marketing information system 1 MARKETING RESEARCH AND MARKET SEGMENTATION • Marketing research is defined as the investigation of factors related
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1. What is the target audience for Coca-Cola’s “Coke in the Morning” campaign? What is the target for Pepsi A.M? Are these audiences the same? Coca-Cola’s Coke in the morning target people that leave homes in the morning and on the mid-morning coffee break. Pepsi A.M’s target is the people that drink coffee in the morning. Yes the audiences are the same apart from the fact that Coke in the morning focuses more on the time factor whereas Pepsi directly appeals to coffee drinkers. 2. What buyer
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Case 3 Assignment: Coke and Pepsi Identification of the strategic issues and problems- The world’s two largest soft drinks‚ Pepsi and Coca-Cola experienced numerous unexpected problems and difficulties‚ leading them to learn that marketing and competing in India requires a special type of knowledge and local skills to become successful. Working in America is not always going to be similar as working overseas. Analysis and evaluations- Strengths- Pepsi had an early entry‚ since they entered
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Segmentation When entering a market‚ an organisation needs to identify its customers and what its customer needs are. A business can’t go into a market with a product and expect to sell it‚ because the demand for the product may not be there. It is important for the business to plan thoroughly before entering a market and understand the diverse nature of a market. For example‚ a market may have large range of consumers who have different tastes‚ preference and needs. So this is where the concept
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Subway target segmentation Young optimism People who fall in “young optimism” segment are one of the regular customers who want a fast healthy and cheap meal. This segment includes young professionals‚ technocrats and students who would visit during lunch time and/or dinner time. These young optimists are busy with their jobs or studies and therefore wouldn’t be able to make their own meal at times. Since they enjoy outgoing lifestyle they’ll love to stop by Subway and eat there. Socially aware
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Running head: COKE A Coke is a Coke ITT Tech PROBLEM Why do some of us have such strong soda preferences? There’s all this uproar of Coke vs. Pepsi‚ and really looking at the ingredients‚ the products aren’t all that different. Both are made of carbonated water‚ high fructose corn syrup‚ caramel color‚ sugar‚ phosphoric acid‚ caffeine‚ citric acid and natural flavors (Pendergrast‚ 2000‚ p.6). The natural flavors are where they differ. Coke includes a “secret ingredient” known as Merchandise
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Marketing Management Assignment 1 Product Segmentation of Samsung Mobile Phones SEC Classification VALS Segmentation SEC Classification : No. of Durable s None Educati on level (Refer Note 1) A SEC Samsung Model No. Guru E1081 E1200 E1205 E1175 Star S5233 B130 Guru 100i GuruB1125 Guru 2130 Price in Rs. Picture of Model Remarks E3 Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. 979/1‚000/1‚180/1‚245/1‚299/1‚690/1‚670/1‚999/1‚770/- Average monthly income of people in this SEC would
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flaws his theory of “Geographic Luck” (Guns Germs and Steel) . Essentially‚ Diamond’s theory basically claims that Europeans conquered based solely on geographic luck‚ and leaves out all other information that also impacted the situation. Diamond’s theory leaves out human decisiveness and politics role in the conquering of Africa and the Americas. Diamond’s theory may work on a much smaller scale‚ but unfortunately the conquering was much more complicated than geographic
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nationwide distribution network‚ thereby providing a fair return on shareholder investments Vision Their vision is to become the premier company in the baking industry and the related food and beverage industry‚ known and emulated for our best quality products that delight the consumer. It is the pride of every employee‚ investor‚ trade partner and stakeholder. CHAPTER II COMPANY SUMMARY History Gardenia’s roots go back to Singapore where‚ in 1978‚ it began as a humble in-store bakery. Increasing demand
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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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