in Great Britain 0160-7383/$30.00 doi:10.1016/j.annals.2004.05.001 MARKET SEGMENTATION A Neural Network Application Jonathan Z. Bloom University of Stellenbosch‚ South Africa Abstract: The objective of the research is to consider a self-organizing neural network for segmenting the international tourist market to Cape Town‚ South Africa. A backpropagation neural network is used to complement the segmentation by generating additional knowledge based on input–output relationship and sensitivity
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Soft drinks in India is a INR 11‚000 Crore industry1. The rising mercury levels have ensured that the Indian soft drinks industry is going through a healthy phase wherein‚ it registered an impressive growth of 24.6% in the year 2011/12. Carbonates had a growth of 13.6% growth‚ Bottled water saw an incredible 34.3% growth‚ Fruits and vegetable juices registered a growth of 29.7%‚ Sports and energy drinks saw a growth of 17.2%. PepsiCo operates in these product lines and the impressive growth numbers
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30pm Market Segmentation. 1.0 Segmentation Theory. Market segmentation is a concept in economics and marketing. It is a strategy that involves dividing a larger market into subsets of consumers who have common needs and applications for the goods and services offered in the market. `What’ is market segmentation’ ( Tatum‚ 2010). Market segmentation is used by all businesses and organization regardless of its mass. A relatively small firm should use market segmentation to find a niche in
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Geographical Importance of Pakistan PAKISTAN GEOGRAPHICALLY LOCATION: Location: Southern Asia lies between 24 and 36.75 northern latitude and between 61 and 7505 eastern longitude. Area: 7‚ 96000 sq.km. Towards north apart from the state of Kashmir is china. It shares 400 km long boarder with china. Towards north Tajikistan though no boarder but a narrow strip as Wahkhan strip separate the two. Towards east‚ Punjab-Rajasthan boarders which is 1650 km long Towards west‚ Afghanistan and
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Geographical Issues Scaffold – Waste Management Title‚ Date and author of source: The title of this combined article is ‘Spatial Inequality‚ Waste Management.’ The article management was published on Thursday‚ 21st February 2013. The author of this source is Daniel Palermo. Geographical Issue: In this article‚ the author talks about two geographical issues which are currently occurring around the world. The geographical issue is Waste Management. The piece discusses the problems to do with the
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COMPANY BACKGROUND Pepsi is Pvt. Limited Company. It is a franchise of Pepsi cola international. It first came to Pakistan in 1960‚ but they did not do well at that time. So they packed off and went back. In 1969‚ Pepsi came back but still their appearance was not satisfactory in the market so they approached Pakistan beverages to take the franchise for Pepsi. And from that day onwards it took Pakistan beverages a period of 5 years to knock down coke from the No.1 position and in 1985 they
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Market segmentation- is the process in marketing of dividing a market into distinct subsets (segments) that behave in the same way or have similar needs. Because each segment is fairly homogeneous in their needs and attitudes‚ they are likely to respond similarly to a given marketing strategy. That is‚ they are likely to have similar feeling and ideas about a marketing mix comprised of a given product or service‚ sold at a given price‚ distributed in a certain way‚ and promoted in a certain way.
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only Coca-Cola Classic‚ Pepsi-Cola‚ and Diet Coke. Diet Mountain Dew ranked ninth in sales in the same year. In the early 1950s the formula of Mountain Dew was flopped then in 1960s the formula of mountain dew was updated by adding more sugar‚ more caffeine and orange flavor into it. Marketing Segmentation Mountain Dew has divided up the total market into distinct subsets of customers with common needs or characteristics‚ so following are some marketing segmentations that Mountain dew has
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market segmentation Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs (and/or common desires) as well as common applications for the relevant goods and services. Depending on the specific characteristics of the product‚ these subsets may be divided by criteria such as age and gender‚ or other distinctions‚ such as location or income. Marketing campaigns can then be designed and implemented to target these specific
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PART A In the time period of 600 BCE to 600 CE‚ both Rome and China were key players in the known world. For the empire of Rome‚ the most important geographical factor was the Roman’s access to the Mediterranean Sea. The sea played a pivotal role in both trade and expansion for the Romans. For China‚ the most important geographical factor wasn’t water but both their isolation and their agriculture. Both of which played large roles in helping to shape the direction that China grew as a nation
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