MARKET SEGMENTATION A market is made up of people with one or more characteristics that make them to demand homogeneous product or service based on qualities of those products such as price or function. People in the same segment have similar needs and quality and therefore possess similar products and are charged similar prices‚ but they are different from other segments. Segmentation variables can be * Gender * Price * Location * Religion * Income * Interests * Size
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MODULE 3: MARKET SEGMENTATION AND POSITIONING Lecture - 5 FAQS (FREQUENTLY ASKED QUESTIONS): Ques 1 Define Market Segmentation Ans 1 Market segmentation is the process of identifying distinct groups and or sub groups of customers in the market‚ who have distinct needs‚ characteristics‚ preferences and/or behaviors‚ and require separate product and service offerings and corresponding marketing mixes. “Market segmentation can be defined as the process of dividing a market into distinct
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Running head: TARGETING AND POSITIONING PAPER iPod Targeting and Positioning d University of Phoenix MKT 463 Targeting and Positioning the iPod There are many factors to consider when marketing a new or existing product. Segmentation‚ targeting‚ and positioning are important when identifying the specific target market‚ examining the role that consumer behavior plays when applying basic marketing concepts‚ and examining the impact of purchase trends on consumer behavior. Internal
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cavities‚ and was added to toothpaste. Yet‚ chemicals that exist in toothpaste have their disadvantages‚ and till now‚ 201 communities around the world have refused to use fluoride and fluoridation of water. If natural solutions protect the teeth as much as chemicals do‚ then natural remedies will be of higher use‚ as they have very less to no disadvantages when used. Conditions like dental plaque‚ cavities‚ gum disease‚ and enamel damage are avoided through the use of toothpaste and in rural areas‚ many
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Marketing Research Proposal Proposed Research Topic: A situational analysis of toothpaste industry Introduction: At present‚ several well-known brands in the domestic toothpaste manufacturers become increasingly competitive‚ such as Braun Oral-B‚ Colgate‚ Darlie and so on. Different toothpaste brand have their own different market strategy‚ for examples‚ there are products for different ages whereas some target the
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Forecast Evaluation of Toothpaste Market in China‚ 2011-2015 Research and Investment Forecast Evaluation of Toothpaste Market in China‚ 2011-2015 (Excerpt) Huidian Research Publication Date: May 2012 (Excerpt) Research and Investment Forecast Evaluation of Toothpaste Market in China‚ 2011-2015 11. Consumer Market Analysis of China’s Toothpaste Industry 11.2 Target Consumer Group Research of Toothpaste Products 11.2.3 Consumer Views to Demanded Suitable Toothpaste Type Fig. 40 Demand
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1. Identify the major strategic and ethical issues faced by Colgate in its partnership with Hawley and Hazel. In August 1985‚ Colgate bought a 50 percent partnership in the Hawley and Hazel group‚ an Asian company leading the toothpaste markets of China‚ Taiwan‚ Hong Kong‚ Singapore‚ Malaysia and Thailand. This strategic move was initiated because Colgate already had a strong presence on foreign markets and notably in Europe‚ so it decided to enter the Asian markets with a partnership with a strong
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References: 1) Australian Bureau of Statistics‚ viewed on 24th Nov 2012 : http://www.abs.gov.au/ 2) Toothpaste/ Gel‚ viewed on 24nd Nov 2012 http://www.herbalTooth Gel.net/ 3) Marketing Strategy Material‚ viewed on 24nd Nov 2012 http://futureobservatory.dyndns.org/2012.htm 4) QUCK MBA‚ viewed on 25th Nov 2012 http://www.quickmba.com/marketing/research/qdesign/
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Product Introduction: Chik Shampoo: Chik shampoo is a product of a Chennai based FMCG company Cavin Care. According to www.business-standard.com Article Chik mate by Gouri Shukla / Mumbai June 3‚ 2003 “Chik has become the second-largest shampoo brand — after fast-moving consumer goods giant Hindustan Lever Limited’s (HLL) Clinic Plus — in volume terms.” As per www.moneycontrol.com‚ “The shampoo sachet‚ which unlocked instant consumer recognition and cult-brand status for the company‚ today
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The Fast Food Industry: Positioning and Competitive Advantage INTRODUCTION The fast food industry is an ever growing industry regardless of the concerns from many about the health and obesity risks. Despite these risks associated with fast food consumers continue to return indicating there is a high level of competition amongst several members of this industry. This paper will examine and discuss the five following major fast food restaurant chains: McDonald’s‚ Burger King‚ Wendy’s‚ Taco Bell‚
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