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Remember This:
Levels of Market Segment
Mark Anthony G. Carpio
V60 Marketing Management
Professor Bond De Ungria
www.markanthonycarpio.blogspot.com
Identifying market segments and targets:
Levels of Market Segmentation
www.jeandeguzman@blogspot.com
Concept 1-3
www.markanthonycarpio.blogspot.com
1 size fits all
approach
Same set of needs
and wants
Distinctive set of
needs
Local Community
Customization
approach
Imagine holding your Ipod,
thinking which songs to play
www.markanthonycarpio.blogspot.com
Playing “All”
is like
MASS MARKETING
www.markanthonycarpio.blogspot.com
Selecting the “Genre” of songs
is like
SEGMENT MARKETING
www.markanthonycarpio.blogspot.com
Selecting the “Artist” that you like
Can be related as
NICHE MARKETING
www.markanthonycarpio.blogspot.com
Selecting your ” favorite song” of that
artist is like
INDIVIDUAL MARKETING
www.markanthonycarpio.blogspot.com
Identifying market segments and targets:
Levels of Market Segmentation
www.jeandeguzman@blogspot.com
Concept 1-3
www.markanthonycarpio.blogspot.com
1 size fits all
approach
Same set of needs
and wants
Distinctive set of
needs
Local Community
Customization
approach
Remember This:
Levels of Market Segment
Mark Anthony G. Carpio
V60 Marketing Management
Professor Bond De Ungria
www.markanthonycarpio.blogspot.com

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Remember this markma

  • 1. Remember This: Levels of Market Segment Mark Anthony G. Carpio V60 Marketing Management Professor Bond De Ungria www.markanthonycarpio.blogspot.com
  • 2. Identifying market segments and targets: Levels of Market Segmentation www.jeandeguzman@blogspot.com Concept 1-3 www.markanthonycarpio.blogspot.com 1 size fits all approach Same set of needs and wants Distinctive set of needs Local Community Customization approach
  • 3. Imagine holding your Ipod, thinking which songs to play www.markanthonycarpio.blogspot.com
  • 4. Playing “All” is like MASS MARKETING www.markanthonycarpio.blogspot.com
  • 5. Selecting the “Genre” of songs is like SEGMENT MARKETING www.markanthonycarpio.blogspot.com
  • 6. Selecting the “Artist” that you like Can be related as NICHE MARKETING www.markanthonycarpio.blogspot.com
  • 7. Selecting your ” favorite song” of that artist is like INDIVIDUAL MARKETING www.markanthonycarpio.blogspot.com
  • 8. Identifying market segments and targets: Levels of Market Segmentation www.jeandeguzman@blogspot.com Concept 1-3 www.markanthonycarpio.blogspot.com 1 size fits all approach Same set of needs and wants Distinctive set of needs Local Community Customization approach
  • 9. Remember This: Levels of Market Segment Mark Anthony G. Carpio V60 Marketing Management Professor Bond De Ungria www.markanthonycarpio.blogspot.com

Editor's Notes

  1. 1. Core Benefit ----the fundamental need or want that consumers satisfy by consuming the product or service.2. Generic Product----a version of the product containing only those attributes or characteristics absolutely necessary for it to function.3. Expected Product----the set of attributes or characteristics that buyers normally expect and agree to when they purchase a product.4. Augmented Product---inclusion of additional features, benefits, attributes or related services that serve to differentiate the product from its competitors.5. Potential Product---all the augmentations and transformations a product might undergo in the future. 
  2. 1. Core Benefit ----the fundamental need or want that consumers satisfy by consuming the product or service.2. Generic Product----a version of the product containing only those attributes or characteristics absolutely necessary for it to function.3. Expected Product----the set of attributes or characteristics that buyers normally expect and agree to when they purchase a product.4. Augmented Product---inclusion of additional features, benefits, attributes or related services that serve to differentiate the product from its competitors.5. Potential Product---all the augmentations and transformations a product might undergo in the future.