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Chapter 7 Version 6e. 2. chapter. Learning Objectives. . 7. . 1.Describe the characteristics of markets and market segments. 2. Explain the importance of market segmentation. 3. Discuss criteria for successful market segmentation.. . Chapter 7 Version 6e. 3. chapter. Learning Objectives (continued).
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1. Chapter 7 Version 6e 1 Segmenting and Targeting Markets
2. Chapter 7 Version 6e 2 Learning Objectives
3. Chapter 7 Version 6e 3 Learning Objectives (continued)
4. Chapter 7 Version 6e 4 Learning Objectives (continued)
5. Chapter 7 Version 6e 5 Learning Objective
6. Chapter 7 Version 6e 6 Market Segmentation
7. Chapter 7 Version 6e 7 A Market is...
8. Chapter 7 Version 6e 8 Learning Objective
9. Chapter 7 Version 6e 9 The Importance of Market Segmentation
10. Chapter 7 Version 6e 10 Learning Objective
11. Chapter 7 Version 6e 11 Criteria for Successful Segmentation
12. Chapter 7 Version 6e 12 Criteria for Segmentation
13. Chapter 7 Version 6e 13 Learning Objective
14. Chapter 7 Version 6e 14 Segmentation Bases
15. Chapter 7 Version 6e 15 Bases for Segmentation
16. Chapter 7 Version 6e 16 Geographic Segmentation
17. Chapter 7 Version 6e 17 Geographic Segmentation Region of the country or world
Market size
Market density
Climate
18. Chapter 7 Version 6e 18 Benefits of Regional Segmentation New ways to generate sales in sluggish and competitive markets
Scanner data allow assessment of best selling brands in region
Regional brands appeal to local preferences
React more quickly to competition
19. Chapter 7 Version 6e 19 Demographic Segmentation
20. Chapter 7 Version 6e 20 Bases for Demographic Segmentation
Age
Gender
Income
Ethnic background
Family Life Cycle
21. Chapter 7 Version 6e 21 Ethnic Background Largest ethnic markets are:
African-American
Hispanic-American
Asian-American
Will comprise 1/3 of U.S. population by 2010 with buying power of a trillion dollars
22. Chapter 7 Version 6e 22 Family Life Cycle
23. Chapter 7 Version 6e 23 Psychographic Segmentation
24. Chapter 7 Version 6e 24 Bases for Psychographic Segmentation
25. Chapter 7 Version 6e 25 Lifestyle Segmentation How time is spent
Beliefs
Socioeconomic characteristics
26. Chapter 7 Version 6e 26 Geodemographic Segmentation
27. Chapter 7 Version 6e 27 VALS 2 Dimensions
28. Chapter 7 Version 6e 28 Benefit Segmentation
29. Chapter 7 Version 6e 29 Usage-Rate Segmentation
30. Chapter 7 Version 6e 30 The 80/20 Principle
31. Chapter 7 Version 6e 31 Learning Objective
32. Chapter 7 Version 6e 32 Macrosegmentation
33. Chapter 7 Version 6e 33 Microsegmentation
34. Chapter 7 Version 6e 34 Business Marketing Segmentation
35. Chapter 7 Version 6e 35 Learning Objective
36. Chapter 7 Version 6e 36 Steps in Segmenting a Market
37. Chapter 7 Version 6e 37 Learning Objective
38. Chapter 7 Version 6e 38 Target Market
39. Chapter 7 Version 6e 39 Strategies for SelectingTarget Markets
40. Chapter 7 Version 6e 40 Undifferentiated Targeting Strategy
41. Chapter 7 Version 6e 41 Undifferentiated Targeting Strategy
42. Chapter 7 Version 6e 42 Concentrated Targeting Strategy
43. Chapter 7 Version 6e 43 Niche
44. Chapter 7 Version 6e 44 Concentrated Targeting Strategy
45. Chapter 7 Version 6e 45 Multisegment Targeting Strategy
46. Chapter 7 Version 6e 46 Multisegment Targeting Strategy
47. Chapter 7 Version 6e 47 Costs of Multisegment Targeting
48. Chapter 7 Version 6e 48 Cannibalization
49. Chapter 7 Version 6e 49 Learning Objective
50. Chapter 7 Version 6e 50 Positioning
51. Chapter 7 Version 6e 51 Position
52. Chapter 7 Version 6e 52 Effective Positioning Assess the positions of competing products
Determine the dimensions of these positions
Choose an effective market position
53. Chapter 7 Version 6e 53 Product Differentiation
54. Chapter 7 Version 6e 54 Perceptual Mapping
55. Chapter 7 Version 6e 55 Perceptual Mapping--Levis
56. Chapter 7 Version 6e 56 Positioning Bases
57. Chapter 7 Version 6e 57 Repositioning
58. Chapter 7 Version 6e 58 Learning Objective
59. Chapter 7 Version 6e 59 Global Issues