Company Introduction‚ Market Segmentation & Product Positioning Antonio Sanguinetti Dr. Eva Ananiewicz Strayer University Marketing Management July 21‚ 2012 This paper will describe the details of a fictitious company and provided its background and will develop a marketing plan with a focus on segmenting and positioning its product and service. Thirdly‚ this paper will determine and decide upon at least one (1) foreign market for the product and service.; identify the marketing
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Market is the place where buyers meet respective sellers. While a collection of sellers constitute the industry for a good or service‚ a collection of buyers constitute the market for that good or service. Neither markets nor buyers are homogeneous in nature (Alderson‚ 1983; Assael and Roscoe‚ 1976; Claycamp and Massy‚ 1968; Smith‚ 1956; cited in Kara and Kaynak‚ 1997). Therefore‚ it is important for marketers to segregate customers with similar needs and wants as well as similar characteristics
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TOMS Gruppen A/S most important competitors Oligopol 4 largest “players”: Mondelés: Cadbury + kraft -> 36‚1% Market leader Mars Incoporated -> 26%-> Market challenger Nestlé -> 18% -> Market follower Ferrero -> 3‚2 % -> market nichers Mondelés International (revenues: $54‚365‚000‚000) ( -> Kraft bought Cadbury -> Mondelés bought Kraft Chokolade categories: Milka‚ Cadbury‚ Côte d’Or‚ Toblerone Salg i 33 lande: Albanien‚ Østrig‚ Belgien‚ Bulgarien‚ Bosnien‚ Kroatia
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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
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Vodafone segmentation A Global segmentation has been developed and applied across all markets in the last 5 years. It covers consumer and business user segments‚ and in addition they have a chooser segmentation. The key challenge when doing the global segmentation was using variables which they are confident are applicable across all markets. Hence segmentation is predominantly age/lifestage‚ with some variables linked to attitudes to technology. A couple of segments that have been quoted
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As housing problem in Hong Kong is very serious‚ government suppose to develop the countryside areas in Hong Kong. There are so many arguments as each position of people has different motivations. In my opinion‚ I disagree that using countryside areas will be a good way to solve Hong Kong’s housing problem. It only causes bad effects to Hong Kong. My first objection is based on environmental grounds. Encroaching on these areas to build flats will damage the habitats of animals‚ and trees will lose
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Marketing Segmentation As stated by Finch (2012) market segmentation describes both a process and strategy by which the total market for a product is divided into smaller parts or segments (p. 158). There are four levels of marketing segmentation as described by Finch(2012) which are mass marketing‚ segment marketing‚ niche marketing‚ and customized marketing (p. 162). Mass marketing: Finch (2012) states that the seller does not differentiate between prospective buyers at all (p. 162). This is
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Online newspaper 1. Banglanews24.com 2. Bdnews24.com 3. Banglamail24.com 4. Natunbarta.com 5. TheReport24.com 6. Sheershanews24.com 7. Risingbd.com 8. Ctgnews.com Online News Agency 1. United News of Bangladesh (UNB) 2. Focus Bangla 3. Banglar Chokh 4. Bangladesh News Agency (BNA) An online newspaper is the online version of a newspaper‚ either as a stand-alone publication or as the online version of a printedperiodical. Going online created more opportunities for newspapers‚ such as competing
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SegmentationElaboration Geographic Segmentation Geographic segmentation involves a business dividing its market on the basis of geography. Market can be divided by geographical areas‚ such as by city‚ county‚ state‚ region (such as West Coast)‚ country‚ or international region (such as Asia). It can also be divided into rural‚ suburban‚ and urban market segments. Besides that‚ climate or total population in each area can also be the segmentation. According to The Body Shop‚ they set up the stores
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instruments for consumer‚ industrial and professional markets (sony.co.uk). Sony UK has many manufacturing subsidiaries around Europe and the globe. Sony Europe operates three main European factories for production. These are situated in Barcelona Spain‚ Nitra Slovakia and Budapest Hungary. Additional to this‚ the Sony Corporation owns numerous factories around the world producing consumer electronics products for the global market. Sony UK are the market leaders in consumer electronics and currently
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