9. Benefit segmentation…
Segment by benefits sought by consumers
transcends geographic and
demographic
identify common characteristics
or usage patterns
16. targeting...
choosing between these three options depends on
The degree to which the product/market can be considered homogeneous
how far the company will be stretched
how far the product is into its product life cycle
17. influences on targeting strategy…
market factors
needs and wants of end users
company market share
resources and capabilities
intensity of competition
economies of scale
18. positioning…
products can be positioned in the market by focusing on specific
factors such as…
features, benefits or advantages
solutions presented
specific usage (occasions)
positioned against other products
class disassociation