The whole idea of market segmentation is to dividing the markets into distinct groups of buyers who have distinct needs‚ characteristic or behavior or who have might require separate products or marketing mix. In KFC‚ they have considered four variables for market: 1. Geographic segmentation 2. Demographic segmentation 3. Psychographic segmentation and 4. Behavioral segmentation. 1. Geographic Segmentation Dividing the market into different geographical units such as nations‚ states‚ regions
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Question 1 Division of marketing for Kit Kat – chocolate bar‚ into geographic ‚ demographic‚ psychographic and behavioural segmentation. Geographic segmentation The market is broadly divided into Urban (cities and towns) and Rural (villages). Kit Kat caters the high urban need by making products available that too with a variety with the help of which the rural crowd can be kept attracted. Rural needs are also kept in mind and there is nothing even required for Kit Kat to make an effort to attract
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Communication Paper July‚ 22‚ 2013 Keith Cecil HCS/490 Dr. Green One specific mode of communication utilized by health care workers and consumers alike is electronic health records (EHR). We will discuss the benefits of this method of communication for the consumer‚ how it assists in maintaining patient confidentiality‚ the effectiveness of the EHR for communication between providers and the consumer
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Name: Kimberly Ann B. Magtibay Gr. & Section: VII- Copernicus Teacher: Mrs. Ma. Teresita Abcede Date: November 8‚ 2012 ACTIVITY 12 GROUNDWATER MOVEMENT OBJECTIVE At the end of the activity‚ you should be able to observe how water flows through different soil materials and find out which soil or rock materials are aquifers or aquitards. MATERIALS * 3 cylinders (like a 500 mL graduated cylinder‚ but without
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Market Segmentation in Tourism Every tourist is different. Every tourist feels attracted by different tourist destinations‚ likes to engage in different activities while on vacation‚ makes use of different entertainment facilities and complains about different aspects of their vacation. While all tourists are different‚ some are more similar to each other than others: many people enjoy culture tourism‚ many tourists like to ski during their winter holiday and many tourists require entertainment
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Market segmentation is an essential part in today’s business world. It is because not all customers have the same requirement and a market strategy which does not recognize this fact will result business failure. Market segmentation is the process of splitting customers‚ or potential customers within a market into different groups‚ or segments‚ within which customers have the same or similar requirements satisfied by a distinct marketing mix. Nike has been successful in market segmentation for selling
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EXECUTIVE SUMMARY Introduction Nowadays‚ the income of every family didn’t meet their expenses. For that reason‚ every individual think of a sideline to be the source of their income. Especially students who can’t afford to pay all bills or tuition fees in their school. Those mothers who cannot supply the needs and wants of their children. That’s why being a dealer of any direct selling company is one of their way to gain another income. As a dealer‚ aside from helping themselves‚ they are also
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Task 1a Occasion and benefit segmentation There are many behavioural characteristics of buyers and consumers and one way to segment these groups is to associate their purchasing habits with Occasional and benefit segmentation. Occasion Segmentation In its simplest form Occasion segmentation is the process of dividing a consumer group or groups into groups according to an occasion or occasions when consumers purchase or use a product or service. For example some major religious/cultural occasions
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Segmentation and customer profile. Segmentation is dividing a market into a smaller groups that shared similar needs‚ wants‚ characteristics‚ and behaviours towards the goods and services. (reference). The market segmentation is a must and important to the all oraganizations. This is because each customers have different needs and wants‚ so that by segment the market‚ the organization can identify which customers that can match with their products and services. In Dell‚ the segmentation is a backbone
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2.1 Segmentation What is market segmentation? It means‚ dividing the market into distinct groups of buyers in order to set a product in it and define the marketing mixes. This means‚ that everyone has got different needs and wants‚ so it is necessary to segment the market. There are different variables‚ which can be used to segment a market. 2.1.1 Geographical segmentation Geographical segmentation includes the region‚ where the customers come from. We target on the whole of the Netherlands
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