(SIU)} Strategic Marketing Assignment II PepsiCo Vs Coca Cola India’s Perspective Prepared By: Ajay Shivpuje (20) Control of market share and dominating volumes are key issue of this article. Just how is this done in such a competitive market is the underlying issue. Which are the strategies those helped these major players to become successful in India. Both these major giants entered India around 1992.Both giants entered with
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Market Segmentation Market segmentation is a strategy which divides a target market into subset according to consumer needs and desires and applicable for the good relevant and services. It depends only on the specific characteristics of the products and this subset is divided according to the criteria of age and gender. Campaign can designed a target which specific consumer segments can desire. A successful market segmentation and differentiation can give a firm a commercial advantage. Market
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Demographic segmentation divides the market into groups based on demographic variables including age‚gender‚ family size and life cycle. The following four variables are examples of demographic factors used in market segmentation: 1. Age : Consumer needs and wants change with age. The marketing mix may therefore need to be adapted depending on which age segment or segments are being targeted. Case Study : The lure of generation Y With a plethora of anti-ageing products flooding the market‚ catering
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Vodafone segmentation A Global segmentation has been developed and applied across all markets in the last 5 years. It covers consumer and business user segments‚ and in addition they have a chooser segmentation. The key challenge when doing the global segmentation was using variables which they are confident are applicable across all markets. Hence segmentation is predominantly age/lifestage‚ with some variables linked to attitudes to technology. A couple of segments that have been quoted
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Marketing Segmentation As stated by Finch (2012) market segmentation describes both a process and strategy by which the total market for a product is divided into smaller parts or segments (p. 158). There are four levels of marketing segmentation as described by Finch(2012) which are mass marketing‚ segment marketing‚ niche marketing‚ and customized marketing (p. 162). Mass marketing: Finch (2012) states that the seller does not differentiate between prospective buyers at all (p. 162). This is
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HISTORY OF ZERO This essay summarises the development of zero‚ as both digit and number‚ from early to modern civilisations. More willing to accept the concept of void‚ the Eastern civilisations are credited with the invention of zero. The Western civilisations‚ on the other hand‚ struggled for almost two millennia to finally accept zero. The history of zero from merely a placeholder in place value systems (digit) to finally becoming accepted as a number has a very long history in Western
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Zero in Mathematics Zero as a number is incredibly tricky to deal with. Though zero provides us with some useful mathematical tools‚ such as calculus‚ it presents some problems that if approached incorrectly‚ lead to a breakdown of mathematics as we know it. Adding‚ subtracting and multiplying by zero are straightforward. If c is a real number‚ c+0=c c-0=c c x 0=0 These facts are widely known and regarded to hold true in every situation. However‚ division by zero is a far more complicated
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so we must make marketing segmentation. It means that we divide giant market into smaller segments which have the similarities. Then we can achieve more effectively with productions and services. To do this‚ we should look at 4 majors: geographical‚ demographic‚ psychographic and behavioral variables. Nestle is the world’s largest food company that did marketing segmentation very well. They also base on 4 majors variables to segment. First is the geographic segmentation. We must understand the geographical
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innocent segmentation 1 Segmentat the market for innocent’s smoothie products using relevant segmentation criteria. In order to describe the segmentation of the consumer market of innocent’s smoothie products i’m going to use three relevant segmentation criteria such as: behavioural‚ psychographic and profile. Talking about the behaviour of customers we can segmentate the market of innocent in this way: The smoothies are addressed to customers that want healthy food‚ and live in a healthy
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consumer. Nivea deodorants are very popular and well know in teenager‚ middle age. When Nivea came up with this new product they make a lot promotion which is very important for marketing activities of Nivea. Segmented and Target Market A market segment consists of a group of customers who share a similar set of wants. The marketer does not create the segments; the marketer’s task is to identify the segments and decide which one to target. Segment marketing offers several benefits over
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