market segmentation Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs (and/or common desires) as well as common applications for the relevant goods and services. Depending on the specific characteristics of the product‚ these subsets may be divided by criteria such as age and gender‚ or other distinctions‚ such as location or income. Marketing campaigns can then be designed and implemented to target these specific
Premium Marketing
Pen Portrait of Topshop Customer Emily Miller is a 21 year old Graphic and Media Design student in London College of Communication. She lives at home with her parents in London because although she works part-time as a waitress in a restaurant she can’t afford to live on her own. Her family would be considered middle class. Her father is an accountant and her mother is a nurse. She is an only child. Emma is a very sociable‚ bubbly person. She enjoys looking good and likes to try new things. She
Premium Clothing Kate Moss Jeans
Report for supply chains of ASOS and Topshop Word counts: 1273 11th March 2013 Table of Contents 1.0 Introduction……………………………………3 2.0 Overview and Demographics 2.1 ASOS …………………………………………4 2.2 Topshop ……………………………………4 3.0 Supply Chain 3.1 Supply Chain of ASOS ……………….. 5 3.2 Supply Chain of Topshop ………….. 7 4.0 Conclusion ………………………………………9 5.0 Bibliography …………………………………..10 1.0 Introduction ‘Fashion
Premium Retailing Logistics Supply chain management
Competitor analysis So who are the main competitors to TopShop? Ironically‚ Miss Selfridge from the same group is a key competitor but TopShop also view Debenhams‚ H&M‚ New Look Group‚ French Connection and House of Fraser‚ and of now that everything is gone digital there are extreme amounts of pressure put on topshop to stay in the lead with online stores such as asos and boohoo who try to replicate its clothes but at a more affordable cost High-street H&M Strengths
Premium
Depreciation:- accumulated depreciation is an asset‚ so it will increase with a debit. Why adjusting entries are prepared give some reasons? Answer: Adjusting entries have to be made because a company’s assets‚ expenses‚ and liabilities never stay the same from one accounting period to another. I will try to give you at least two examples of why adjusting entries must be made. Example 1. A customer purchases items on account for the amount of $500. When the sale is first made the company
Premium Depreciation Generally Accepted Accounting Principles Financial ratios
To reach different markets or to promote your products to different locations or people one has to use a method called market segmentation. "Market segmentation describes the division of a market into homogenous groups which will respond differently to promotions‚ communications‚ advertising and other marketing mix variable" (Cumming). Market segmentation is extremely important for companies around the world. If a company doesn’t research the area in which they are going to market or they put
Premium Marketing Globalization Marketing research
What are Segmentation Variables? To understand what segmentation variables in marketing are‚ it helps to first know what market segmentation is. Market segmentation is the analysis of population demographics so they can be categorized in specific ways. These specific ways of categorization in market segmentation are why segmentation variables are needed and used. Four (4) groups of Segmentation Variables – 1. Geographic segmentation is based on variables such as: • Region: this kind of
Premium Psychographic Hotel Marketing
Market Segmentation Strategy‚ Competitive Advantage‚ and Public Policy Market Segmentation Strategy‚ Competitive Advantage‚ and Public Policy: Grounding Segmentation Strategy in Resource-Advantage Theory Shelby D. Hunt & Dennis B. Arnett Abstract Market segmentation is one of the most widely accepted concepts in marketing. Its fundamental thesis is that‚ to achieve competitive advantage and‚ thereby‚ superior financial performance‚ firms should (1) identify segments of demand‚ (2) target specific
Premium Marketing
Segmentation and TESCO Case: Segmentation is essentially the identification of subsets of buyers within a market who share similar needs and who demonstrate similar buyer behavior Using segmentation analysis helped Tesco PLC‚ Britain’s largest retailer stores to decide on their future marketing strategy and to appraise their competitive strengths Tesco realized the requirements for effective segmentation and that it must be Measurable‚ accessible‚ Differentiable‚ Substantial and Actionable
Premium Psychographic Marketing Asda
The method involves a fast‚ reliable‚ and effective algorithm that exploits the spatial distribution characteristics of human skin color. To fulfill this aim‚ the following objectives are carried out: 1. Implement different types of image segmentations. 2. A universal skin-color map is derived and used on the chrominance component of the input image to detect pixels with skin-color appearance . 3. Then‚ based on the spatial distribution of the detected skin-color pixels and their corresponding
Premium Image processing