Explain how and why groups of customers are targeted for selected products What is segmentation? Market segmentation is the division of a market into sub groups with similar characteristics. A business can then target these groups and develop products and services for each of them. There are several ways in which consumers can be split up into. These is geographically which includes location‚ demographically which includes gender‚ social class‚ age‚ income‚ ethnicity or religion‚ psycho graphically
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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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Executive Summary The focus of this report is on marketing plan for Apple Ipod product that has created increasing demands in various outlets. This product allows consumers to download not only their favorite’s music but also books and other literature which can be read and listened to. Additionally this Ipod can be used in your car and in other mobile settings. This report is for Apple to give a brief description of this product. Within this marketing report there is an insight of
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Brian Sina Professor Lewis Intro to Marketing 10/15/11 The iPod Takeover: A Marketing Analysis When Apple introduced the iPod they produced something much more than an MP3 player‚ they produced a machine that had changed the music industry forever. Any machine that plays back mp3 files is known as an mp3 player‚ but while there are hundreds of different ones on the market‚ people refer to all of them as “iPods.” iPod is now a household name just like microwave‚ vacuum‚ and television; a direct
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Summary: Population Demographics The world is having a demographic shift that will restructure societies‚ economies and markets in the future. According to United Nations forecasts‚ the world population will either stabilize or peak around 2050 (Rob Norton‚ 2010). For the past centuries‚ the population was at an ever-accelerating rate. However the population will stop increasing because of decreasing birth rates as nations advance economically. The world’s population‚ especially in developed countries
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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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Demographic on AIDS/HIV Rhonda Speakman HCS 490 January 21‚ 2013 Jennifer Pharr Demographic on AIDS/HIV A number of people that affect our healthcare in the United States are pediatric patients‚ recurring sickness and individuals needing continuous medical care. However‚ none of the above health concerns indicated in the list includes patients with Acquired Immune Deficiency Syndrome/ Human Immunodeficiency Virus (AIDS/HIV). AIDS/HIV has affected millions in the United States.
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Joseph R.Pierce BUS 350: CONSUMER BEHAVIOR “iPod vs. Zune” Instructor: Sam Batarseh 10/26/2009 Introduction In 2006 Microsoft came up with an answer to the Apple iTunes/ iPod MP3 player and product line‚ and called it the Zune. Zune is the product-line brand name for the Zune portable media players‚ Zune software‚ and Zune marketplace services sold by Microsoft‚ which provides music‚ video‚ and podcast downloads. Although the Apple computer company was the first to offer the product and
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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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ENGLISH ISU: iPod Characterization & Monologue MONOLOGUE: Missy talking to Susie they both died violently; rape/murder; both have fathers that miss then. They can be talking about how they felt after they were killed. They could give advice about how a person can deal with it; how their family can deal with the death and how you should forgive your enemy. Show character traits both were very brave‚ strong and learned to accept their death and found peace in heaven. IPod Characterization:
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