223x Filetype PPT File size 0.23 MB Source: web.viu.ca
OUTLINE OUTLINE • Marketing Strategies • Identifying Target Segments • Prioritizing Target Segments - SWOTs • Positioning Strategy • Value Proposition • Seminar Discussion Marketing Strategies Marketing Strategies • Target Segment – subgroup chosen as focal point for the marketing program and advertising campaign • Positioning – Process of designing and representing one’s product or service so that it will occupy a distinct and valued place in the target consumer’s mind • Positioning Strategy – Selection of key themes or concepts the organization will feature when communicating distinctiveness to a particular target market segment. • STP marketing – Segmenting – Targeting – Positioning Identifying Target Segments Identifying Target Segments • Market Segmentation – Usage Segmentation (Patterns and levels of commitment) • Heavy Users • Non-users • Brand-loyal users • Switchers/Variety Seekers • Emergent Consumers – Demographic Segmentation – Geographic Segmentation – Behavioural Segmentation – Psychographic Segmentation – Lifestyle Segmentation • AIOs (activities, interests, opinions) Benefit Segmentation B2B Segmentation vs. B2C Prioritizing Target Segments Prioritizing Target Segments • Use a SWOTS to position yourself amongst competitors based on your segmentations. Positioning Strategy Positioning Strategy • Committed to creating substantive value • Must be consistent internally and consistent over time • Simplicity and Distinctiveness • Ability must match message (promise) strategy • Positioning Schemes (which is best and why?) – Benefit positioning – User positioning – Competitive positioning • Repositioning
no reviews yet
Please Login to review.