a) Market Segmentation: Actually‚ market segmentation is Consists of dividing the market into fairly homogeneous parts where any part may conceivably be selected as a market target to be reached with a distinct marketing mix.Now a days‚ companies cannot avoid the process segmenting market.BATA has segmented the whole market to smaller group of buyers who have differences in characteristics‚ needs or behaviors.As the different segments need different products‚ BATA has tried to deliver different
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Zahra Adloo GOTHAM SOCIETY HUMAN WORLD VIEWS National Map 0 l________________I 300 Miles 1000/3000ft. Geographical Boundary for Gotham is based on Ancient Egypt’s boundaries. The Nile River flowing within Egypt was very useful for people to survive. It provided drinking water‚ transportation‚ fertilized crops‚ protection‚ food‚ and papyrus which was a material they used to write on. Topography- short‚ mild winters and its dry‚ warm summers. Crete’s seasonal weather enabled sufficient natural
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Market Segmentation Geographic Segmentation Geographic Segmentation is collecting and analyzing information according to the physical location of the customers or other data source. Carrefour marketers use geographic segmentation because they know where to sell their product to increase advertising and sales effect. For example‚ there are different numbers of population among each state in Malaysia then Selangor state consist of most highest population with 51026000 peoples. Therefore‚ Carrefour
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1. Spatial data are what drive a GIS. Spatial features or entities and their attributes are stored in computers using a number of spatial data models. It is vital to understand the characteristics of them since the data model employed has considerable influence on the functionality of the GIS. Spatial data can represent real world features with discrete boundaries (such as roads‚ buildings‚ lakes‚ rivers‚ administrative boundaries) as well as real world phenomena with non-discrete boundaries (such
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The Geographical Position of Great Britain There are two large islands and several smaller ones‚ which lie in the north-west coast of Europe. Collectively they are known as the British Isles. The largest island is called Great Britain. The smaller one is called Ireland. Great Britain is separated from the continent by the English Channel. The country is washed by the waters of the Atlantic Ocean. Great Britain is separated from Belgium and Holland by the North Sea‚ and from Ireland - by the Irish
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CHAPTER 1: INTRODUCTION 1.1 Background of Study The use‚ acceptance‚ adoption and application of internet technology to businesses to boast their performances are not something new. Saffu et al.‚ (2008)‚ states that there has been a significant increase in the use and application of e-commerce in businesses in the past decade. E-commerce has benefits such as reduction in costs‚ increased business opportunities‚ reduced lead time and providing more personalized service to the customers (Turban et
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I. INTRODUCTION: Some of the services ultimately desired by consumers include bulk-breaking‚ spatial convenience‚ Waiting and Delivery time‚ and providing a breadth of assortment. Segmentation involves identifying groups of consumers who respond relatively similarly to different treatments. In general‚ we want to find segments that contain people who are as similar as possible to each other while‚ simultaneously‚ being as different as possible from members of other segments. Thus‚ for example
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reasonable price. In the Marketing Segmenting there are four kind of segmentation‚ they are Behavioral Segmentation‚ Demographic Segmentation‚ Psychographic Segmentation‚ and Geographic Segmentation. Behavioral Segmentation is the most powerful type of segmentation because it uses actual consumer behaviour or product usage to make distinctions among market segment (Farrell & Hartline‚ 2005). Demographic Segmentation consists of dividing the market into group based on variable such as age
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1. Describe in your own words‚ market segmentation‚ give an example of how a market may be segmented‚ and explain the reason for segmentation. 2. Explain the principles of targeting and give two examples of a targeted market. 3. Discuss what is meant by positioning using two example of a business positioned in differing market sectors Marketing consists of a range of techniques designed to sell a product/service. It focuses on customers and their needs‚ firms generally undertake research
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Market Segmentation‚ Targeting and Positioning Market Segmentation Concept : Market segmentation is a concept in economics and marketing. A market segment is a sub-set of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities of those products such as price or function. A true market segment meets all of the following criteria: it is distinct from other segments (different segments have different
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