NPTEL Vinod Gupta School of Management Consumer Behavior MODULE 3 MARKET SEGMENTATION AND POSITIONING MODULE 3: MARKET SEGMENTATION AND POSITIONING ( 2 hours) 3.1 3.2 3.3 3.4 3.5 3.6 3.7 Aggregate Marketing and Market Segmentation Target Marketing Market Segmentation Alternatives available for Segmentation Basis for Segmentation Targeting Positioning Introduction: The traditional way of doing business was Mass Marketing which meant offering a standardized product to all the consumers or the entire
Premium Marketing
endices. A hard copy must be handed in to St Peter’s library by 1pm on Tuesday 15 January. You also need to submit your assignment electronically through ‘Turnitin’ which you can access on Sunspace via the UGB118 module page. B&Q Domino’s Pizza Lenovo Middlesborough Football Club National Trust Sunderland City Council Tyneside Cinema You are asked to select ONE organisation from the list above and undertake the following tasks: a) Identify the various environmental forces affecting your
Premium Critical thinking Evidence
Market Segmentation Survey Abstract In the following paper we study the theory of market segmentation‚ the approaches to the profiling mechanisms to establish profit-maximizing segmentation‚ in order to keep on in a competitive market as the airline transportation is‚ after the liberalization. Also a short survey on the segmentation discrete choice modeling is made to bring the theory to the practice. Keywords: Market segmentation‚ airline transportation‚ discrete choice models. 1. Introduction
Premium Marketing Low-cost carrier Airline
The basis of market segmentation: a critical review of literature. 1) Introduction Marketing has become vital ingredient for every business success. It has almost become difficult for every competitor to survive in market for a prolonged period because competition is cut to throat. That is why development of right marketing strategy over time is required. Right marketing strategy is something that helps companies to achieve marketing objectives. The strategy of dividing the market in homogenous
Premium Scientific method Sociology Research
Ch11-H8566.qxd 8/8/07 2:04 PM Page 222 CHAPTER 11 Market segmentation YORAM (JERRY) WIND and DAVID R. BELL All markets are heterogeneous. This is evident from observation and from the proliferation of popular books describing the heterogeneity of local and global markets. Consider‚ for example‚ The Nine Nations of North America (Garreau‚ 1982)‚ Latitudes and Attitudes: An Atlas of American Tastes‚ Trends‚ Politics and Passions (Weiss‚ 1994) and Mastering Global Markets: Strategies for Today’s
Premium Marketing
Efficiency of Laptop in Certain Brands A Research Paper Presented to Ms. Priscilla M. Agaton English Resource Center Asia Pacific College Makati City Final Requirement for the Course RESWRT - Research Writing Julian Eymard R. Lisaca April 2014 Abstract The study was implemented to analyze the characteristics of a laptop which makes them efficient. Laptops are commonly used in a variety of settings‚ including work‚ education‚ and personal multimedia. Laptops are a diverse
Premium Laptop Personal computer Desktop computer
Information Technology (SHC 1913) Assignment 1 Differences between desktop and laptop Prepared by: Nurmala binti Abd Samad A11HA0116 1SHAC Lecturer’s name: 1 Dr. Noorminshah binti A.Iahad Index No. Particular Page 1 What is Desktop 1 2 What is laptop 2 3 Comparison between laptop and desktop 4 Recommended model and reasons 8 5 References 9 2 37 What is Desktop A desktop computer is a personal
Premium Personal computer Laptop Desktop computer
Summary........................................................................................ vi Potential Market Segmentation of a Brand New Product Product Potrayal................................................................................. vii Potential Market Segmentation..................................................................... viii Segmentation Profile..................................................................................... ix Evaluating The Segments
Premium Marketing Social class Talc
Market segmentation is the fundamental component of a market-based strategy. A market segment is a specific group of customers with distinctive customer needs‚ purchase behaviours and different descriptive characteristics. (Best‚ 2000) By categorizing markets into sub sectors‚ targeting marketing effort in such a way as to meet the technical and other requirements of each of these‚ organisations maybe able to secure greater competitive position than if they attempted to satisfy the general requirements
Premium Marketing
How should Lopez interpret and compare the different studies? Lopez needs to design his marketing strategy based on four market research efforts – large scale study of the Chinese laptop consumer‚ detailed interviews with laptop users‚ results of the CLUES report and Project Compass. My recommendation is for Lopez to utilize each of these tools in varying quantities during different stages of his Segmentation‚ Targeting and Positioning (STP) strategy. The Shanghai report identified that China has
Premium Marketing