in Great Britain 0160-7383/$30.00 doi:10.1016/j.annals.2004.05.001 MARKET SEGMENTATION A Neural Network Application Jonathan Z. Bloom University of Stellenbosch‚ South Africa Abstract: The objective of the research is to consider a self-organizing neural network for segmenting the international tourist market to Cape Town‚ South Africa. A backpropagation neural network is used to complement the segmentation by generating additional knowledge based on input–output relationship and sensitivity
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Marketing Segmentation Theory based on selling Oxygen bars 1) Demographic Consumer age‚ gender‚ income‚ occupation are considered to be the main factors for demographic segmentation. Other factors like race‚ religion‚ nationality is not emphasized here because product usage will be less affected by those factors. Currently‚ similar-functioned products available in the market have a wide consumer age base‚ ranging from 20+ to 50+. I believe that this age difference does reflect the difference in
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SEGMENTATION (Harish pg3) The process of defining and subdividing a large homogenous market in to clearly identifiable segments having similar needs‚ wants or demand characteristics .Its objective is to design a marketing mix that precisely matches the expectation of customers in the targeted markets. Bases for segmentation Geographic segmentation -: Geographic segmentation calls for division of market in to different geographical units such as nations‚ states‚ regions
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its first plant site in Oakland‚ paying $3‚000 (The Clorox Co. Website) for it. In 1914‚ the name Clorox was suggested by an engineer for an equipment supplier‚ Abel M. Hamblet. The name was derived from "chlorine" and "sodium hydroxide‚" the two active ingredients in the bleach. Hamblet also drew a rough sketch of a diamond with Clorox written in the center and the
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Sport England: Segmenting the British Sports Market Introduction Sport England is the government agency responsible for building the foundations of sporting success‚ by creating a world-leading community sport environment of clubs‚ coaches‚ facilities and volunteers. They want to create a vibrant sporting culture working in partnership with national governing bodies‚ national partners‚ the HE/FE sector‚ local government‚ county sport partnerships and community organizations. Their focus is around
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Market Segmentation Of Pepsi At An International Level The history of Pepsi-Cola starts in 1896 in the town of New Bern in North Carolina‚ USA in a drugstore owned by the pharmacist Caleb Bradham. He came up with many recipes of new drinks to be served at the soda fountain of his drugstore. Brad ham aim was to create a drink both delicious‚ healthy‚ aiding digestion and boosting energy. It would be free of impurities and it should not contain any strong narcotics. Eventually one of his drinks became
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included in this strategy are: Clorox Kitchen Cleaner‚ Clorox Stain Remover Spray‚ Clorox Bleach Foamer‚ Clorox Max Stain and Colour Remover‚ Clorox Toilet bowl cleaner‚ Clorox Disinfecting Bathroom Cleaner‚ Clorox Precision Pour Bleach Gel‚ Pine Sol Multi Surface Cleaner. The reasons are: 1. New packaging either the colour or the form. 2. New variants in each product. 3. Clorox gives coupon for the customers with the intention of attract more customers. The main focus of Clorox is cleanser and bleach
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The Clorox Company (CLX) Is Set to Make a Single-digit Dividend Increase The Clorox Company (NYSE:CLX) is a dividend aristocrat and was always considered as a safe play for the retirement portfolio. CLX has increased dividend each year since 1977. Last year‚ the company increased quarterly dividend by more than 3%‚ while it appears in a strong position to make a larger dividend growth this year. Its dividend yield is currently standing around 2.37%‚ compared to the industry average of 2%. Its cash
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younger generations would begin to think of The Clorox Company when they look at quality products. Plan of Action In the span of five months‚ the goal is to get across all social media outlets. The first social media outlet would be YouTube‚ where the company will be able to create short commercials that will play before a video can be watched. While the commercials are being made during the first month‚ all social media accounts at exist for The Clorox Company will be remodeled
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market segmentation Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs (and/or common desires) as well as common applications for the relevant goods and services. Depending on the specific characteristics of the product‚ these subsets may be divided by criteria such as age and gender‚ or other distinctions‚ such as location or income. Marketing campaigns can then be designed and implemented to target these specific
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