completing this topic students should be able to: a) To examine the specific nature of segmentation‚ targeting and positioning. b) Demonstrate an understanding of the inter-related processes of segmentation‚ targeting and positioning c) Relate STP theory to real life marketing situations ************************************************************************************ RECOMMENDED READING: Cavallaro‚ M.‚ (2008) Marketing to Men‚ Restaurant Business Available on: http://web.ebscohost
Premium Marketing
STP Of Cadbury The STP strategy: In Indian markets‚ Cadbury India has managed its markets very well and is constantly improvising on the product offerings to different market segments. First step in the STP strategy would be to see how product is perceived in the markets. Have a look at the website pages of Cadbury India http://www.cadburyindia.com/heritage/chocology.asp - it clearly shows how Cadbury is successfully eliminating the doubts and myths of eating chocolates. A history about chocolates
Premium Marketing Chocolate
Introduction Many multinational fast food chains (MFFC) like McDonald’s and KFC are opening outlets in India. A fascinating aspect of these companies is the intricate marketing process they employ to gain a stronghold on the market. The marketing process becomes even more involved due to the behaviour of Indian customer being different from that of the western countries‚ where these chains have typically been operating. Even with several outlets in various locations in India‚ the marketing process
Premium Fast food restaurant
STP for Megaman Segmentation Megaman uses Marco-segmentation to choose its target segment. Business organizations with the scale of small to big are all belonged to this segment (from under 200 to above 200). In this segment the business organizations will all have a high usage rate on Megaman’s product‚ the product categories are Lighting products and solutions. Megaman also uses Micro-segmentation to well define its target segment. Some of the organizations will only require a lighting system
Premium Marketing
Many data collector firms and technology companies are aggressively bringing together people’s TV viewing behaviour with other private data. But cable and satellite companiesare testing and positioning new system designed to show highly targeted ads. The goal of these companies is to stimulate teh civilised tracking which is widely used on people’s personal computer with the new technology that attains their living room. One of the most progressed companies‚ Cablevision Systems Corp‚ has come up
Premium Satellite television
If you value time then you will definitely buy those watches which you worth it. In 21st century Titan has made a product of innovative technology. Titan watches are a brand from Titan Industries which is a leading brand in India. Titan watches are very unique in its style ‚ design‚ fashionable‚ elegant and durable. These watches have a timekeeping technology of quartz crystals which is good for greater accuracy than the mechanical watches. It has a date and time‚ altimeter‚ barometer and compass
Premium Watch Titan Industries Taj Mahal
ITC ACKNOWLEDGEMENT The project would Shared by: mnmgroup Categories Business > Entrepreneurship & Business Planning Tags Holdings Corp‚ the International‚ ITC Infotech‚ ITC Staff‚ How to‚ information technology‚ ITC Group‚ English dictionary‚ International Trade Centre‚ online dictionary‚ trade development‚ developing countries‚ training courses‚ Earth Observation‚ ITC Limited - Stats views: 619 posted: 3/23/2011 language: English pages: 26 Public Domain Other docs
Premium Harvard Business School Business Business school
PROJECT ON SEGMENTATION‚ TARGETING AND POSITIONING OF NIKE SUBMITTED BY: SAHIL MEHRA BHARAT SHARMA SHAJEE KHALID RITIKA CHADHA SANYOG CHANDRA SANDHYA TANWAR ROHIT KUMAR MARKET SEGMENTATION Nike falls under niche marketing. They have a narrowly defined customer group seeking a distinctive mix of benefits. Their products are mainly aimed at both men and women looking for sports apparel. Nike promises
Premium Nike, Inc. FC Barcelona Tiger Woods
approach to‚ marketing strategy is prevalent to access different aspect of strategy notion (Baines & Fill & Page‚ 2011) as the underpinning ideology. Thus‚ It has become another future direction for marketer to approach with. Extended STP marketing strategy review STP process is the fundamental of marketing strategy; it had been integral to the formation of marketing strategy for over 60 years (Baines & Fill & Page‚ 2011). It is known that segmentation; targeting and positioning‚ all these 3 pillars
Premium Marketing
Positioning Although all Micromax products were towards the lower end of the pricing spectrum‚ the brand was focusing on adding more features at a reasonable price. The focus was more on value than price. Innovation‚ Cost-Effective‚ Credible and an Insightful R&D are given high emphasis at Micromax in the telecom vertical. Micromax based its value proposition out there‚ with extensive features vis-a-vis the big brands‚ of course with a low-price point with a target audience catering to the low-income
Premium Marketing Brand management Brand