Preview

Segmentation of Vodafone

Powerful Essays
Open Document
Open Document
1145 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Segmentation of Vodafone
Vodafone segmentation

A Global segmentation has been developed and applied across all markets in the last 5 years. It covers consumer and business user segments, and in addition they have a chooser segmentation. The key challenge when doing the global segmentation was using variables which they are confident are applicable across all markets. Hence segmentation is predominantly age/lifestage, with some variables linked to attitudes to technology. A couple of segments that have been quoted by Peter Bamford (the marketing segment leader) are Young Active Funs (YAFs) and Adult Personal Users (APUs) – see others below Within Vodafone, purpose of global segmentation is very clear, to guide the development of global propositions, that will then be rolled out across the markets. A recent case of this is Simply, which has been specifically developed for APUs. It is also used to guide global communication, and experience development – see below. This approach does not preclude local micro segmentation within the markets , for more granular targeting eg CRM. In effect the segmentation works as a matrix: the columns are the global segments, and the rows are the market specific microsegments, which may go across the global segments eg high value customers, or be a sub segment of one of the global segments eg YAFs with a 3G phone In a marketplace where technology investment requirements are so high, some sort of global segmentation is critical in order to be able to ensure investment is focused on delivering to the most attractive customers

IMPACT OF SEGMENTATION at Vodafone

Vodafone has 150 million customers, but as an organization they talk about seven very distinct customer segments. Everybody in the organization understands who those customer segments are and what they want. And as they go to the market, they have very different propositions. So Vodafone Live is very much at targeted at teens and young, active, fun users. It's got every

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Mkt 421 Week 3

    • 782 Words
    • 4 Pages

    When an organization wants to go global, they look at the opportunities in all countries that will permit that organization to enhance the effectiveness of business functions everywhere the organization has operations and then devise a strategy to achieve that goal. The two main reason an organization looks to globalization is for standardization and customization. Standardization uses a regular product, service and message over all markets to solidify the image of the brand. Standardization works until consumers turn to local companies that identify with the region’s cultural needs and wants. The other reason is customization which is standardized products, services, and messages that have…

    • 782 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    P5 Segmentation

    • 1711 Words
    • 7 Pages

    These segmentation methods are used to split up the market so business can find the perfect target market, if companies didn’t use these…

    • 1711 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    T-Mobile - Stp

    • 1963 Words
    • 8 Pages

    T-Mobile is one of the leading mobile network operators in the world. Today, the company operates worldwide, though it is headquartered in Germany and European market was traditionally the main, target market of the company. Nevertheless, the process of globalization stimulated T-Mobile to develop its business internationally and the company has entered successful mobile network markets in many countries of the world, including the USA. In such a situation, the company needs to focus on the target audience which can allow the company to maximize its profits. In this respect, the proper market segmentation is crucial. Taking into consideration the specificity of T-Mobile’s business, i.e. mobile networks and telecommunication services, the following segments are particularly prospective: 16-24 years and 25-35 years customer groups.…

    • 1963 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Telstra Segmentation

    • 657 Words
    • 2 Pages

    1. The different marketing communications tools that Telstra can use in order to communicate messages to the people/ customers are, advertising, public relations and publicity, direct marketing, sales promotion, personal selling and others.…

    • 657 Words
    • 2 Pages
    Good Essays
  • Better Essays

    jihad vs. McWorld

    • 1112 Words
    • 5 Pages

    Campbell, Alexandra. “ Global Market Segmentation: Understanding the Geo-Political and Socio-Economic environments in World Markets.” Schulich School of Business, York University, North York. 23 Jan. 2014. Lecture 2.…

    • 1112 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    MARKET SEGMENTATION

    • 4820 Words
    • 14 Pages

    Few organizations are big enough to satisfy the needs of an entire market. Most companies are forced to split the total demand into several segments and select only those that they are best equipped to handle.…

    • 4820 Words
    • 14 Pages
    Powerful Essays
  • Best Essays

    Mgt 501 Case 1

    • 1731 Words
    • 7 Pages

    References: Anonymous, (n.d.), University of Southern California. Segmentation, Targeting, and Positioning. Copyright ©1999-2010 by Lars Perner. Retrieved May 17, 2012 from: http://www.consumerpsychologist.com/cb_Segmentation.html…

    • 1731 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Vodafone Group Plc. is the world 's leading mobile telecommunications company, with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the United States through the Company 's subsidiary undertakings, joint ventures, associated undertakings and investments.…

    • 1587 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    How else can a company identify its customers and aspire to lift their spirits with an awesome product? Market segmentation can help a company achieve this goal.…

    • 2090 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Currently, Vodafone Hutchinson Australia is one of the three leading mobile telecommunication companies in Australia, with Telstra and SingTel Optus as its other director competitors within the industry. Upon the merger, Vodafone will have a customer base of about six million users with combined total revenue of over $4 billion with its sights set on overtaking Optus to become the nation’s second largest mobile service provider. The combined entity will market its products and services under the Vodafone and Three brands as a mobile telecommunication provider, and Crazy John’s as a Mobile phone retail chain (Sallmann, 2011).…

    • 342 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Market Segmentation -Hmv

    • 1861 Words
    • 8 Pages

    There are a number of demographic-related bases for segmenting markets such as age, the stage in the family life-cycle, gender, ethnic group and household composition. Age segmentation is one of the most widely used bases for market segmentation which is generally easy to measure the size of segments. Individuals usually go through a number of family roles, and that at each stage of development, an individual’s buying behaviours are likely to change as well as their ability to pay for those purchases will also…

    • 1861 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    This report provides a comparative analysis in regards to the similarities and differences between the marketing strategies and relationship marketing strategies of Vodafone and ExxonMobil.…

    • 3720 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    Geographic segmentation: calls for dividing the market into different geographic units such as nations, regions, states, counties, cities, or even neighborhoods. A company may decide to operate in one or a few geographical areas or operate in all areas but pay attention to different geographical needs. Wal-Mart does this.…

    • 3316 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    In order for firms to compete in the hyper-competitive global market and address the ever increasing expectations of consumers, it often takes more than developing a broad global marketing strategy, firms must recognize the individual differences, cultural attitudes and preferences of consumers within a given region. The segmentation of markets based on cultural characteristics at the global level enables firms to market their product or service to consumers who share certain socio-demographic traits, values and beliefs, consumption patterns and media usage. Knowing the cultural variations within a region enables firms to tailor their marketing to match the attitudes and beliefs of the market. Within cultural bodies there exists a common set of values, beliefs and assumptions and perceptions about life that are transmitted from generation to generation through social and environmental interactions and the process of learning. These learned behaviors influence the way members of a society interact with one another and behave in ways that are considered socially acceptable. Furthermore, consumption patterns and consumer behaviors are based on…

    • 4288 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    The fundamental component of Market segmentation is a market-based strategy. A market segment is a purchase behaviors and different descriptive characteristics and specific group of customers with distinctive customer needs (Baker M.J, 1995) By categorizing markets into sub sectors, targeting marketing effort in such a way as to meet the other requirement and technical requirements of each of these, organizations may be able to secure big competitive position than if they attempted to satisfy the fundamental requirements of the market as a whole. In market segmentation there are four criteria that have to be satisfied in order for market segmentation to be effective. A market segment should be accessible, identifiable, substantial, and stable. In Identifiable, there should be indicators of observable that enable the segment to be defined and quantified (Baker M.J, 1995). Accessible, that is, it should be probable to target specifically the segment using distribution channels and existing communication. In Substantial, that the segment should be of enough size to make the effort involved in segmentation worthwhile. In the Stable, the segment there should be capitalized by sufficient time on the investment implicated in segmentation (Baker M.J, 1995).…

    • 1889 Words
    • 6 Pages
    Powerful Essays

Related Topics