Preview

Cellc South Africa - Marketing

Good Essays
Open Document
Open Document
15650 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Cellc South Africa - Marketing
Question One:

Cell C segmented its market profile according to the different needs and preferences and appropriate market offerings.
Introduction
Definition of Target Marketing and its Importance in telecommunications
This focuses on selling a product or service to a current market. However a strategic market embraces the potential market for the product or service. (Kotler and Keller; 2009: 86). An organization that markets directly to their end users to sell their products and services are benefitting from the concept “direct marketing”. Therefore there is an interactive communication with the end user, thus the most effective direct marketing takes place when there is a clear connection to reach its target market. (Berry and Wilson; 2000:157). According to IHS Global Insight, Target marketing and planning would ensure the maximization on returns as well as the investment in marketing. In this way the organizations efforts are directed on the “most promising markets”, thereby targeting the messages to those businesses or households that are likely to respond.
To facilitate this task, Telecommunication consultants are assigned to conduct a detailed Market segmentation analyses.

To maximize the return on your sales and marketing investments, you must focus your efforts on the most promising market segments and target your messages to the businesses or households most likely to respond.
To help accomplish this, our Telecommunications consultants conduct a detailed market segmentation study focusing on trends in key market segments, analyzing forces of change, and identifying risk and success factors.
Researchers have indicated that target marketing is the better use of the most valuable resources, i.e. time and money utilized to generate additional revenue. (Tim and Wilson; 2000:75). Therefore the goal is to get maximum information regarding both existing and prospective clientele. According to Witepski,( Cell C’s corporate report; 2008), stated



Bibliography: 7. http://www.cellc.co.za, Overview.(Accessed 30 April 2010) 8. http://www.cellular.co.za/africa/south-africa/cell-c.htm 13. http://fmcg-marketing.blogspot.com/2007_10_01_archive.html, Accessed April 2010 14. http://www.ihsglobalinsight.com/ProductsServices/ProductDetail833.htm, Target Marketing and Market Planning, 2010, Accessed 30 April 2010 17. http://www.learnmarrketing.net/positioning.htm , 18. http://www.marketresearch.com, 4q09 South Africa mobile operator forecast, 2009-2013, Accessed 1 May 2010, 1. On Target: The Book of Marketing Plans, by Tim and Wilson, first edition, 2000, Palo Alto software, Inc 2. Effective Marketing, small business guide, by Peter Hingston, 2001, Dorling Kindersley. 3. Marketing Management, by Kotler and Keller, thirteenth edition, 2009, Pearson international edition. 4. StreetWise Complete Business plan , by Bob Adams M.B.A , 1998, F + W publications incorporated

You May Also Find These Documents Helpful

  • Powerful Essays

    The backbone of marketing is the target market (Vest, 2007). Target marketing is the specific group of people that a company is trying to reach with its marketing effort. The target…

    • 1766 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Market Segmentation

    • 660 Words
    • 3 Pages

    A definition of target market is one or more groups of consumers that a company uses for purposes of market focus. The five criteria for selecting a target segment are, market size, growth expectation, competitive position, cost associated with reaching the segment, and compatibility with the objectives and resources of the organization. (Kerin, 198-199) where a target market is groups selected for company focus, market segmentation is used to divide potential buyers into more specific groups.…

    • 660 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Mktg522 Course Project

    • 8188 Words
    • 33 Pages

    Identifying the specific target market is a crucial step in any marketing plan. The first step is to identify the problem, and then secondly illustrate how the proposed product or service will solve this problem for consumers. It must be easily identifiable so that the target market can clearly understand how the product and service would be beneficial. At the end of the day, K Girls Tasty Treats wants to be the answer to their customers’ every want and need.…

    • 8188 Words
    • 33 Pages
    Powerful Essays
  • Better Essays

    Mkt 421 W2 Marketing Mix

    • 1487 Words
    • 6 Pages

    Perreault, W. D., Cannon, J. P., & McCarthy, E. J. Jr. (2009). Basic marketing: A marketing strategy planning approach (17th ed.). New York, NY: McGraw Hill.…

    • 1487 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Improving marketing has become a top priority of successful inventors and corporations. Most corporations’ research different groups and needs in the marketplace, satisfy the consumers in a superior way by targeting their wants and needs. All marketing strategies are built on segmentation, targeting, positioning, and then position its offering so that the target market recognizes the company’s image and terrific offerings. There are many different business areas which will sometimes play a huge factor such as, finance, accounting, information systems, marketing, and strategic management.…

    • 713 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    P5 Segmentation

    • 1711 Words
    • 7 Pages

    • Explain the different target markets of McDonalds – identify 4 product ranges and describe in detail the target market for each product…

    • 1711 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Marketing Research Paper

    • 1041 Words
    • 5 Pages

    specific groups of target customers within the broader market may see new, breakthrough opportunities. But it’s not always obvious how to identify the real needs of a target market—or the marketing mix that those customers will see as different from, and better than, what is available from a competitor. This chapter covers…

    • 1041 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Describe the target customer for the product/service in terms of relevant characteristics that impact the marketing strategy, including location (how it is reached) and buying habits.…

    • 1602 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Maybeline Target Market

    • 1137 Words
    • 5 Pages

    Researching target market is what helps any company find the people who are interested in the services or products the company offers.…

    • 1137 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    These segments are able to be targeted through the implementation of an effective marketing plan that outlines specific strategies to market to each of the target market segments. Through research, we have concluded that…

    • 4593 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Dolce and Gabbana target market includes people from 15 to 25, whom are innovators and trendsetters as well as everyone who enjoys freedom and irony in fashion. It is comprised of 65% women and 35% men. The typical woman is a strong, self-assured woman who is confident in herself and her body. Typically she can be a manager, wife, mother or lover. The typical man is a little hedonistic, free and successful. Dolce and Gabbana over the last few…

    • 1105 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Dr.Thanh

    • 8644 Words
    • 35 Pages

    As the market changes and becomes more competitive, the business needs to know and understand its target market so that it can provide better service to its customers. Successful marketing will identify customer needs, and then, plan price, promote and distribute the products and services that will satisfy these needs.…

    • 8644 Words
    • 35 Pages
    Satisfactory Essays
  • Good Essays

    Promotion Effectiveness

    • 1274 Words
    • 6 Pages

    The whole point here is to establish exactly whom you're going to spend most of your marketing efforts on in the coming year. It's impossible to market to everyone (both too hard and too expensive), so instead, just concentrate on the targets that you have listed.…

    • 1274 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Marketting mix

    • 2060 Words
    • 10 Pages

    A target market is referred to as a group of customers towards which a business has to aim its marketing efforts and ultimately its merchandise. A well-defined target market is the first element to a marketing strategy. In short target market is “who will be the mostly likely buyers”. Target market is created by considering:…

    • 2060 Words
    • 10 Pages
    Better Essays
  • Best Essays

    It is of an utmost importance that any company that deals with consumers as their main resources for profit to recognize who their buyers are. Although it is not possible for marketers to completely grasp the very essence of each target market and categorize them in proper groups, one cannot deny that there are certain patterns which a similar group of consumers follow up to some extent and knowing that solves a lot of problems in marketing. The power to be able to place these target markets correctly to certain marketing communication strategy effectively will definitely present a great opportunity for business companies to expand and innovate their product offerings to produce excellent revenues in the long term.…

    • 1981 Words
    • 8 Pages
    Best Essays