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SEGMENTATION, TARGETING, AND POSITIONING
CHAPTER 7 SEGMENTATION, TARGETING, AND POSITIONING
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Segmentation - Grouping consumers together with common needs
Segmentation Bases: Demographic Geographic Psychographic Benefits Geodemographic Behavioral
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Segmentation – Modern Family Life Cycle
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Targeting - Evaluating the various segments and selecting the one(s) that promises the best ROMI
Successful Targets Must (Be): Sizable Measurable Reachable Demonstrate Behavioral Variation
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Positioning - Finding a way to fix your product in the minds of consumers
Perceptual Mapping extreme conservative high price low price
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Six Attributes of Sports
Strength, speed vs. methodical, precise movements Athletes only as participants vs. athletes + recreational participants Skill emphasis on impact with object vs. skill emphasis on body movement Practice primarily alone vs. primarily with others A younger participant in the sport vs. wide age range of participants Less masculine vs. more masculine
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Perceptual Map for Sports
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