Segmentation/Targeting and Positioning Key marketing strategy decision making: How to divide up markets into meaningful customer groups (market segmentation)‚ choose which customer groups to serve (target marketing)‚ and created marketing offers that best serve targeted customers (positioning). A target market consists of a set of buyers who share common needs or characteristics that the company decides to serve. First Segmentation Example: 1 Sony 2 Instead of product managers‚ now
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PepsiCo vs. Market Segmentation Introduction Pepsi-Cola was founded by a druggist‚ Caleb Bradham in year 1898 (Overview‚ 2008). He came from New Bern‚ North Carolina (Overview‚ 2008). In year 1965‚ Pepsi-Cola merged with Frito-Lay in a new company named PepsiCo (Overview‚ 2008). Then‚ PepsiCo merged with Tropicana in year 1998 and also Quaker Oats Company in year 2001 (Overview‚ 2008). Those mergers have been divided in categories such as food‚ beverage and snacks. Now‚ Pepsi Brand is part of
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Summary........................................................................................ vi Potential Market Segmentation of a Brand New Product Product Potrayal................................................................................. vii Potential Market Segmentation..................................................................... viii Segmentation Profile..................................................................................... ix Evaluating The Segments
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GAC023 Assessment Event 1: Environment Issue Investigation Water Scarcity in Singapore Student’s Name: Tiffany Yu Student ID#: JPCH25573 Teacher: R. M. Waterfall Due Date: Jan 24th Word Count: 1773 Table of Contents Abstract 1 1.0 Introduction 1 2.0 Methodology 2 3.0 Findings 2 4.0 Discussion 4 5.0 Conclusions and Recommendations 5 Reference Lists 6 Appendix 7 Abstract With the rapid development of industrialization and globalization‚ water issues are increasingly serious today
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Market Segmentation‚ Targeting and Positioning Market Segmentation Concept : Market segmentation is a concept in economics and marketing. A market segment is a sub-set of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities of those products such as price or function. A true market segment meets all of the following criteria: it is distinct from other segments (different segments have different
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My Singapore with Cruise (July – Sept’13) 5 Nights & 6 Days Destination: Singapore Singapore Blessed with a tropical climate‚ Singapore is warm throughout the year and anytime is a good time to visit this vibrant place. The wettest months are November and December while the hottest are May and June. However‚ to capture the true essence of the city‚ the festival season is considered by many as a good time to explore Singapore. Whether it is culture‚ cuisine‚ arts or architecture‚ Singapore
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Southwest Airlines Over 35 years ago‚ Rollin King and Herb Kelleher decided to create a different type of airline. They began with the simple notion: If you get your passengers to their destinations when they want to get there‚ on time and at the lowest possible fares‚ and make darn sure they have a good time doing it‚ people will fly your airline. They were right (Southwest Airlines‚ 2004)! What began as a small Texas airline has grown to become one of the largest airlines in the United States
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Singapore Macro-environment PESTLE Analysis Political Singapore is relatively unique in terms of its political environment. There are very few opposition parties‚ and the main political group is the People’s Action Party (PAP) that governs Singapore since it achieved its independence in 1965. Singapore‚ under the leadership of the PAP‚ possesses a distinct political culture: authoritarian‚ pragmatic‚ rational and legalistic. Singapore’s power structure is highly centralised‚ regarded
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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 led to the opening of Gardenia’s first-commercial bakery at Pandan Loop in March 1983. Gardenia has since been the market leader in Singapore and has expanded its operations in Asia to countries such as Malaysia and Thailand with the latest in the Gardenia chain of bakeries here in
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National Geographic #reactionforeveryaction Campaign Earth; scientifically most gifted potential for life‚ deemed one in many trillion. It is 4.5 billion years old. And humanity‚ has been around only for 200 000 years. Conceptualizing this‚ if we shrink the age of earth to 24 hours‚ we have only been around for four seconds. In four seconds we have shaped this beauty into a polluted ruin. “Homo sapiens” in Latin meaning “wise man”. Wise. Intelligent‚ yes. Wise‚ I don’t think so. We have split the
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