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Customer Driven Marketing Strategy:. Creating Value for Target Customers. Market Segmentation Market Targeting Differentiation and Positioning. Market Segmentation. Segmenting Consumer Markets Segmenting Business Markets Segmenting International Markets
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Customer Driven Marketing Strategy: Creating Value for Target Customers
Market Segmentation • Market Targeting • Differentiation and Positioning
Market Segmentation • Segmenting Consumer Markets • Segmenting Business Markets • Segmenting International Markets • Requirements for Effective Segmentation Home
Segmenting Consumer Markets • Geographic Segmentation • Demographic Segmentation • Age & Life-Cycle Stage • Gender • Income • Psychographic Segmentation • Behavioural Segmentation • Occasions • Benefits Sought • User Status • Usage Rate • Loyalty Status Market Segmentation
Segmenting Business Markets Market Segmentation
Segmenting International Markets Market Segmentation
Requirements for Effective Segmentation • Measurable • Accessible • Substantial • Differentiable • Actionable Market Segmentation
Market Targeting • Evaluating Market Segments • Selecting Target Market Segments Home
Evaluating Market Segments Market Targeting
Selecting Target Market Segments • Undifferentiated (mass) Marketing • Differentiated (segmented) Marketing • Concentrated (niche) Marketing • Micromarketing • Local Marketing • Individual Marketing • Choosing a Targeting Strategy • Socially Responsible Target Marketing Market Targeting
Differentiation and Positioning • Positioning Maps • Choosing a Differentiation and Positioning Strategy • Communicating and Delivering Chosen Position Home
Positioning Maps Differentiation and Positioning
Choosing a Differentiation and Positioning Strategy • Identifying Possible Value Differences & Competitive Advantage • Choosing the Right Competitive Advantage • How Many Differences to Promote • Which Differences to Promote • Selecting an Overall Positioning Strategy • More for More • More for the Same • The Same for Less • Less for Much Less • More for Less • Developing a Positioning Statement Differentiation and Positioning
Communicating and Delivering Chosen Position Differentiation and Positioning