8b- Market Segmentation, Tageting, Positioning Flashcards
Ways to Segment
Seg, Tar, Pos
Geographic (most used)
Demographic (used)
Psychographic (useful)
Behavioral (most useful)
Geographic Segmentation
Seg, Tar, Pos
region, city or metro size, density, climate
most used
Demographic Segmentation
Seg, Tar, Pos
Age, gender, family size and life cycle, race, occupation, income
used
Psychographic Segmentation
Seg, Tar, Pos
lifestyle, personality, attitudes, values
useful
Behavioral Segmentation
Seg, Tar, Pos
Usage situations, benefits
most useful
Segment
Seg, Tar, Pos
grouping customer into homogenous groups so responses to marketing efforts are similar
Who could we exchange with
Target
Seg, Tar, Pos
selecting the segment
Who should we exchange with
Position
Seg, Tar, Pos
designing the product offering to occupy a unique and valuable place in mind of customer
Segmentation Criteria
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Targeting Criteria
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Positioning
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Unique Selling Propostition
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Positioning Methods
Perceptual Mapping, Gap Analysis, Hierarchical Values
P Map
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Gap a
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