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7-2
Steps in Segmentation, 7-2
Steps in Segmentation,
Targeting, and Positioning
Targeting, and Positioning
6. Develop Marketing
Mix for Each Target Segment Market
5. Develop Positioning Positioning
for Each Target Segment
4. Select Target
Segment(s) Market
3. Develop Measures Targeting
of Segment Attractiveness
2. Develop Profiles
of Resulting Segments
1. Identify Bases Market Segmentation
for Segmenting the Market
Copyright 1999 Prentice Hall
7-3
Step 1. Market Segmentation 7-3
Step 1. Market Segmentation
Levels of Market Segmentation
Levels of Market Segmentation
Mass Marketing
Mass Marketing
Same product to all consumers
Same product to all consumers
(no segmentation)
(no segmentation)
Segment Marketing
Segment Marketing
Different products to one or more segments
Different products to one or more segments
(some segmentation)
(some segmentation)
Niche Marketing
Niche Marketing
Different products to subgroups within segments
Different products to subgroups within segments
( more segmentation)
( more segmentation)
Micromarketing
Micromarketing
Products to suit the tastes of individuals or locations
Products to suit the tastes of individuals or locations
(complete segmentation)
(complete segmentation)
Copyright 1999 Prentice Hall
7-4
Step 1. Market Segmentation 7-4
Step 1. Market Segmentation
Bases for Segmenting Consumer
Bases for Segmenting Consumer
Markets
Markets
Geographic
Nations, states,
regions or cities
Demographic
Age, gender,
family size and life cycle,
or income
Psychographic
Social class, lifestyle,
or personality
Behavioral
Occasions, benefits,
uses, or responses
Copyright 1999 Prentice Hall
7-5
Using Multiple Segmentation 7-5
Using Multiple Segmentation
Bases: Geodemographics
Bases: Geodemographics
Copyright 1999 Prentice Hall
7-6
Step 1. Market Segmentation 7-6
Step 1. Market Segmentation
Bases for Segmenting Business
Bases for Segmenting Business
Markets
Markets
Personal Demographics
Characteristics
Bases
Bases
for Segmenting
for Segmenting
Situational Business
Business Operating
Factors Markets
Markets Characteristics
Purchasing
Approaches
Copyright 1999 Prentice Hall
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