Market Segmentation The purpose for segmenting a market is to allow your marketing/sales program to focus on the subset of prospects that are "most likely" to purchase your offering. If done properly this will help to insure the highest return for your marketing/sales expenditures. Depending on whether you are selling your offering to individual consumers or a business‚ there are definite differences in what you will consider when defining market segments. Market segmentation is a marketing
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Shoes Industry – PEST Analysis Political • Recent merger between Adidas and Reebok • Use of leather to make shoes by Bata‚ Red tape • India is not a sporting Country and hence lesser demand for sports shoes. • home market lobbying/pressure groups • Very few sporting events apart from cricket fixtures to attract customers Economic • Marginal share of 2.44 percent in global trade worth US$ 97.606 billion
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HIGH PERFORMANCE LEADERSHIP AUTOMOBILE INDUSTRY CHAPTER 1 INTRODUCTION TO AUTOMOBILE INDUSTRY One of the greatest creations of man‚ the "Automotive Car" or popularly known as "Car" is a result of man’s consistent efforts and perseverance. Over the years‚ the automobile industry has evolved as one of the main revenue generators‚ provider of employment and has progressed immensely. Automobile can be basically defined as a self-propelled vehicle used primarily on public roads but adaptable
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Vision Statement 12 1.2 Mission Statement 12 1.2.1 Nando’s Mission Statement 12 1.2.2 Recommended Mission Statement 12 2. Macro-environmental Analysis and Industry Attractiveness 14 2.1 Porter’s Five Forces 14 2.2 Overall Macro-Environmental Pest Factors 21 2.3 Key Driving Forces Affecting the Industry 22 2.4 External Factor Evaluation (EFE) 23 3. Company and Competitor Analysis 25 3.1 Competitive Profile Matrix (CPM) 25 4. Micro-Environmental Analysis and
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INFORMATION Current situation of tutoring market In recent years there has been a significant increase in the number of cram schools in Hong Kong. The reason for such increase is mainly due to the education system shift. “334 education system” has created a huge market opportunity to the cram school. According to the marketing research from Synovate‚ secondary tutoring market recorded a market value of HK $ 19.84 billion in the year of 2009 - 2010 and the market value of the year of 2014-2015 is expected
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understanding on the oligopoly market‚ which is one of the most sought after market condition which is being applied in many sectors‚ including banking‚ airline and car industry. Many large organizations are involved in merger and acquisition to strengthen its position besides expanding their market share. As example‚ Hong Leong Bank completed a takeover on EON Bank to consolidate its position as one of the major bank in Malaysia (Bloomberg‚ 2011). Oligopoly market is defined as a market that consists of a
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have merged in the fashion industry. However‚ government involvement in the market economy aids in controlling and protecting both the consumer’s and the fashion industry itself. Role of government in market economy Government plays a crucial role in the market economy by ensuring the laws and regulation are abide by‚ and control the production of the private sectors‚ although‚ over the years its efforts in controlling such economies are minimal and insignificant. Market forces of demand and supply
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Bakeries Industry report contains the most recent data and analysis on the industry’s key financial data‚ cost and pricing‚ competitive landscape‚ industry structure. Also updated are the latest trade‚ shipment‚ and inventory data available through January 2013. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output. This 165-page report includes the most recent information on the domestic market‚ global market and overseas
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Industry Analysis Diamond Industry (Gem Based diamonds) The Diamond industry is essentially broken up into 3 segments: 1. Industrial Diamonds—natural and synthetic diamonds that are used in a wide range of manufacturing processes for their physical properties. 2. Jewelry Diamonds—rough diamonds cut for use as gemstones in jewelry. 3. Investment Diamonds—high-quality large gemstones‚ often with special characteristics‚ purchased for investment. The Jewelry and Investment segments together
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MALAYSIA HERBAL MARKET Currently‚ the value of global herbal market for nutraceuticals is at USD 70 billion and USD 20 billion for phytomedicines with an average growth rate between 15 to 20 percent annually. While the Malaysia herbal market is valued at RM 4.55 billion 0f which 90 percent of the raw material used was imported. It is with this potential in mind that Malaysia’s herbal industry can be one of the agriculture Entry Point Projects under the National Key Economic Areas in the Economic
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