2. Behavioural segmentation - Zero Based Planning –each imc plan should begin with a clean slate rather than a copy of what has previously been done. 8 step process: a) Identify target audience: Analyse customer and prospect segments and determine which target. B) Analyse SWOTs – determine success of the MC functions and media used C) Determine MC objectives – what marketing communication programs should be accomplished d) Develop strategies and techniques – which mc strategies will be used and
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variables‚ describe how L’Oréal has segmented the Indian market From our understanding‚ L’Oréal made a statement for market “We don’t do poor products for poor people‚”. L’Oréal reduce their price for hair dye‚ which is $2.70‚ and small shampoo packets below $1 in order to compete with local brands. So‚ L’Oréal had change their segmentation from upper class intourban middle-class. Previous reputation‚ L’Oréal had losses over 13 years in Indian market. L’Oréal determine that 60 million people who earn
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China Capacity to keep up with market trends and demands High performance in China’s domestic market Weaknesses Low profit margins compared to the industry average Complex and inefficient cost composition Low performance in tablet and smart phone lines abroad External Opportunities Emerging markets like India and Asian countries Growing SME segment in emerging markets Advantage over foreign rivals supported by the China government Astonishing increase in mature markets across Western Europ‚ North America
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all know that‚ there are three steps in target marketing which are market segmentation‚ market targeting and market positioning. According to Kotler (2010)‚ the definition of product position is “the way the product is defined by consumer on important attributes – the place the product occupies in consumers’ minds relative to competing product” (P280). Furthermore‚ in principle‚ a brand must have something special in order to be remembered by the target market. As a consequence‚ a clear position in
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Table of Contents Executive Summary ……………………………………………………………………….. 3 Background Information ………………………………………………………………….. 4 About Zerzura ………………………………………………………………........ 4 Mission & Vision ............………………………………………………………. 5 Consumers Analysis ………………………………………………………………. 8 Zerzura Marketing Strategy Analysis &Problems ………………………….. 9 Situational Analysis……………………………………………………………… 9 SWOT …………………………………………………………………………………… 11 Recommendations for Zerzura……………………………………………………………
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extreme growth in its initial years‚ to declines during WWII‚ HD made its come back with larger‚ more powerful bikes and its image of “raw power” and enjoyed a 60% market share. Its popularity soared to iconic level in the 1950’s and became a lifestyle with unique brand loyalty. New‚ Japanese competitors‚ in particular Honda moved the market towards a smaller‚ quieter‚ less expensive bike; and by 1965‚ Honda represented half of all bike sales. HD employed every technique to raise capital from going
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ESPN – Case Questions 1. Describe ESPN’s business design (product-market breadth and depth). Identify and describe its assets distinctive capabilities. 2. Critically evaluate ESPN’s brand leveraging initiatives. In other words‚ how has the ESPN brand meaning evolved (broadened) through extending the brand into new categories? What are the benefits of product development through sub-branding (associating new brands/products with ESPN)? What are the potential risks for ESPN and its new brands
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iPAd Mini Target Market Apple’s target markets are middle to upper class consumers who have shown an interest in computers and have disposable income which makes them willing to pay more for an Apple product. These consumers enjoy using the latest technological advances through the use of their computers and other related devices. These consumers also enjoy downloading music and playing video games. These consumers also use Apple computers while working‚ such as professionals in the field
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analyze Shell’s sucessful marketing strategy. 1. Segmentation Oil station market consists of buyers who differ in one or more ways‚ so Shell need first segment its potential consumer market. There are several major variables that can be used in segmenting consumer markets‚ including geographic‚ demographic‚ psychographic‚ and behavioral variables. In this case‚ SOPC used the latter two variables to segment its market. It chose “personality” and “benefit” as its segmentation criteria‚ of which
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INTEGRATED MARKETING COMMUNICATIONS CAMPAIGN PROPOSAL Integrated Marketing Communications Campaign Overview for Lisa Brown 1 | P a g e Overview As a small boutique designer label‚ Lisa Brown has limited resources to implement a detailed marketing plan. However‚ in such a competitive environment‚ it is increasingly important
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