Which VALS category did the early adopters likely fall into? Experiencers - ■ Experiencers (13 percent). These people are young‚ vital‚ enthusiastic‚ impulsive‚ and rebellious and seek variety and excitement. They are avid consumers and spend much of their money on clothing‚ fast food‚ music‚ movies‚ and video. 4. The current purchasers? ■ Achievers (14 percent). They are successful career people who feel in control of their
Premium Marketing Psychology Advertising
Target Market Absolut Pure’s target market will consist of female consumers in their mid-twenties to mid-thirties residing in urban areas. We will focus on the middle to upper class Generation X and early Generation Y who possess a high disposable income and are willing to pay more for luxury products. Absolut Pure will appeal to women driven by their need for social status and recognition. Absolut Pure will target environmental and health conscious consumers‚ who are therefore interested in purchasing
Premium Marketing Brand Vodka
REVIEWED BY: FDDI SCHOOL OF RETAIL MANAGEMENT HOD: MR. A K SHARMA Table of Contents UNIT TOPIC PAGE Unit-1 Introduction to Lifestyle Merchandising 3 Unit-2 Lifestyle Models-AIO 19 Unit-3 Life-style Models -VALS I 23 Unit-4 Life-style Models -VALS II 30 Unit-5 Lifestyle Products-Jewellery 35 Unit-6 Lifestyle Products-Cosmetics 41 Unit-7 Lifestyle Products-Perfumes 51 Unit-8 Lifestyle Products- Watches 57 Unit-9 Lifestyle Products- Mobiles 64 Unit-10
Premium Luxury good Luxury vehicle
Chapter OBJECTIVES When students finish this chapter they should understand why: • A consumer’s personality influences the way he or she responds to marketing stimuli‚ but efforts to use this information in marketing contexts have met with mixed results. • Consumers’ lifestyles are key to many marketing strategies. • Psychographics go beyond simple demographics in helping marketers understand and reach different consumer segments. • Identifying patterns of consumption
Premium Management Education Psychology
Introduction The Australian bottled water industry has been growing rapidly over the past decade. Many Australians drink bottled water on a regular basis‚ and on average consumed 21.2 litres per person (Australian Bureau of Statistics) in 2001. The boom in consumption of bottled water has moved the product beyond the niche market and into the mainstream as it has become a staple to many Australians. Many people drink bottled water today simply because they prefer the taste to that of tap water
Premium Marketing Brand
GREEN OX Overview In the fall of 2003‚ the new products division of Palmer Jackson‚ Inc.‚ a Cincinnati-based food and beverage manufacturer‚ successfully perfected a technique for dissolving common antioxidants such as Vitamin E and Selenium into high-glucose beverages. The result was a new line of sports beverages with the added benefit of antioxidants. While the medical community was far from unanimous in its opinion of the benefits of antioxidants‚ some reputable studies linked the use of these
Premium Antioxidant Coffee Grocery store
MKTG1052 BUYER BEHAVIOUR LF02 ASSIGNMENT 1 ATTENTION TO: DR. DONALD TAN GROUP MEMBERS: CHAN HUI YU SHERRI 3506028 TEO JIAMIN ESTHER 3505426 MICHELLE WONG WEI LIN 3506007 NG WEI HAO RAINER 3505980 SOH CHEE PING JUDITH 3506011 Contents 1 Market 2 Competitors 3 2.1 Direct Competitors 2.2 Indirect Competitors Identification of Target Market(s) 3.1 3.1.1 Demographics 3.1.2 Psychographic 3.1.3 Behavioural
Premium Apple Inc. Mobile phone
Study of a demographic segment and its sub segment falling in the age group 18 year to 25 years Saneel Gaonkar IBS Gurgaon Study of a demographic segment and its sub segment falling in the age group 18 year to 25 years Introduction Different kinds of people display different buying patterns even in a segment of age group 18 years to 25 years. This truth is well understood by those people who are
Premium Psychographic Scientific method Marketing
Marketing Management Assignment 1 Product Segmentation of Samsung Mobile Phones SEC Classification VALS Segmentation SEC Classification : No. of Durable s None Educati on level (Refer Note 1) A SEC Samsung Model No. Guru E1081 E1200 E1205 E1175 Star S5233 B130 Guru 100i GuruB1125 Guru 2130 Price in Rs. Picture of Model Remarks E3 Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. 979/1‚000/1‚180/1‚245/1‚299/1‚690/1‚670/1‚999/1‚770/- Average monthly income of people in this SEC would
Premium Mobile phone
Marketing & Advertising Strategies Exercise 2 Chloe Choo Mathisha Mahawalage Leow Shu Min Introduction of the Market The Wedding and Bridal industry in Singapore is currently growing and still thriving and believed to be a billion dollar industry. Many believe that it has not reached its fullest potential; from the rising demand of wedding couples wanting to make their special day more special than anyone else’s. These hopeless romantics go out to great lengths to create and tailor a wedding that
Premium Wedding Marketing