of universal color but they also have colors like pink and designs like camouflage. Otterbox really has something for everybody and that’s why they are so successful. Psychographics: Statistics that involve the studies of consumers based on social and psychological characteristics. Otterbox has many experts deal with psychographics. I was talking with my dad’s friend who works for Otterbox
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NORTH SOUTH UNIVERSITY Term Paper on: HAMILTON WATCH COMPANY Marketing Management Submitted To: Prof. Dr. Md. Mahmodul Hasan Faculty of Business Administration MBA Program Submitted by: KOCHHOPER DIM Md. HasanSajib 141 1708 060 Shayam Arafat 133 0718 060 Subeh us Sama 141 1663 060 TauhidRahman 133 0535 060 Date of Submission: DECEMBER 20‚ 2014 Introduction The Hamilton History is a 120 years long and eventful travel from Lancaster in the US to Biel the world capital of watchmaking in Switzerland
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to customers who wants healthy food‚ and who wants to live in a healthy way. These customers might also want to improve their self-image because of Innocent’s strong reputation‚ and for its high prices‚ which are not affordable for everyone. Psychographic: those who buy Innocent’s smoothies‚ are mostly wealthy-‚ time-‚ and health-conscious consumers‚ who are replacing a meal with a smoothie‚ because it’s quicker than preparing a healthy meal. These consumers has typically busy jobs‚ but stays aware
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Introduction: Tourism is one of the fastest growing and single largest industries in the world. This industry has become one of the most important factors in worldwide. It plays a significant role in socio-economic development of a country. Most of the tourists prefer to visit in different destinations for different reasons (e.g. For Business‚ Study‚ Attend international conferences‚ Vacations and holidays‚ Treatment etc.) Now a day’s most of the developing countries generating economic benefits
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Psychographic Segmentation Psychographic segmentation is an approach used to target a specific group from the population with identifying their personal traits and characteristics. (7) According to SRI Consulting (1997)‚ it is equally important in determining psychographic segmentation‚ as it is useful in forecasting and predicting the future behavior of the customers. (3)There are several ways in dividing the population into different segments based on lifestyle‚ social class‚ and personality
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ch8 Student: ___________________________________________________________________________ 1. When a marketer adjusts the marketing mix to give customers a clear‚ distinctive understanding of what the product does‚ the marketer is engaging in psychographic segmentation. True False 2. For products like pencils and paperclips‚ marketers should probably use an undifferentiated targeting strategy. True False 3. When deciding how to promote his new medical oncology center‚ Dr. Jones decided
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Marketing Project Guidelines Topics Market Introduction of market segmentation (NOT FROM THE NOTES) Basis of market segmentation – Consumer characteristic approach - Demographic‚ Geographic‚ Psychographic‚ and Behavioral Segments. (There are many subdivisions under each base.) Consumer response approach – benefit‚ loyalty‚ usage and occasion Marketing Strategies – undifferentiated‚ differentiated and concentrated marketing strategies. Why segmentation the market Facilitates the right
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often much more data available to help with the demographic segmentation process. [edit]Psychographic Segmentation Psychographics is the science of using psychology and demographics to better understand consumers. Psychographic segmentation: consumer are divided according to their lifestyle‚ personality‚ values and social class. Aliens within the same demographic group can exhibit very different psychographic profiles. Behavioral Segmentation In behavioral segmentation‚ consumers are divided into
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are many different levels of market segmentation such as‚ geographic‚ demographic‚ psychographic‚ and behavioral segmentation (Kotler‚ & Keller‚ 2012). The geographic segmentation used when the marketers segment the market by focusing on a specific geographic area (Thomas‚ 2007)‚ demographic segmentation concentrates on gender‚ age‚ housing type‚ income‚ and the educational level (Thomas‚ 2007)‚ the psychographic segmentation is studying the customers behaviors‚ emotions‚ beliefs‚ and lifestyle (Thomas
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DEFINITION OF MARKETING MARKETING is a comprehensive term and it includes all resources and set of activities necessary to direct and facilitate the flow of goods and services from the producer to the consumer. Marketing is providing the right goods and services to the right people‚ at the right place‚ at the right time and at the right price with the right communication and promotion. It is not just about symbols and brands. It is about how we choose the products and services we want to buy.
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