The document provides an overview of research conducted on the market potential for an on-demand beauty application called Little Blaque Book LLC (LBB) that focuses on the African American market segment. Key points:
1) The research analyzed market potential, operational questions, marketing questions, and services to identify opportunities for LBB. Interviews found high interest in on-demand beauty services for women of color.
2) The target customer profile is businesswomen, mothers, travelers, and celebrities seeking convenient beauty services. African American women represent a large portion of the US beauty industry market.
3) The on-demand beauty app market is growing rapidly, especially in major US cities. Research identified opportunities and challenges for
An introduction to market segmentation and targetingWilliam Baker
The document provides an overview of market segmentation and target marketing. It defines market segmentation as dividing the market into subsets of customers likely to have similar needs, wants and responses to marketing efforts. The key objectives of segmentation are to identify segments with the greatest profit potential based on requirements and capabilities. The document discusses evaluating segments based on factors like market size, growth, competition and developing a primary target market definition considering benefits, user type, geography, demographics and psychographics.
This document defines market segmentation and discusses its importance. Market segmentation involves dividing a heterogeneous market into homogeneous subgroups that respond similarly to marketing strategies. It allows companies to develop tailored strategies for each subgroup. Effective segmentation yields segments that are identifiable, accessible, profitable and respond uniquely to marketing mixes. Market segmentation is a key part of marketing strategy that helps maximize sales and profits.
1. The document discusses key concepts in market segmentation including defining markets and segments, the importance of segmentation, criteria for successful segmentation, and bases used for segmenting consumer and business markets.
2. It also covers strategies for selecting target markets, one-to-one marketing, and how firms implement positioning strategies using product differentiation.
3. The learning outcomes cover topics like steps in the segmentation process, alternatives for selecting targets, and how positioning and differentiation influence customers' perceptions of brands.
The document discusses STP strategies and provides examples of how companies segment, target, and position in the marketplace. It covers segmentation bases like demographics, psychographics, and consumption behaviors. Targeting criteria include identifying sizable, stable, and accessible market segments. Positioning involves developing a product image relative to competitors. An example is provided of Maggi positioning instant noodles in India as a fast, convenient snack.
The document discusses market segmentation, targeting, and positioning. It defines segmentation as dividing a market into distinct groups based on variables like geography, demographics, psychographics, and behavior. It also discusses segmenting consumer markets, business markets, and international markets. Targeting is evaluating segments and selecting specific segments to target based on factors like segment size and competition. Positioning is defining a product's place in the consumer's mind relative to competitors in terms of important attributes. The document provides examples of positioning statements.
The document discusses various types of market segmentation used in marketing strategy, including demographic, psychographic, and behavioral segmentation. It provides examples of how companies segment consumers by factors like age, income, lifestyle, and product usage to develop targeted marketing approaches. Effective segmentation involves identifying segments that are identifiable, measurable, substantial, and durable over time.
What is Market Segmentation?
Bases for Segmentation
Three Phases of Marketing Strategy
Geographic Segmentation
Psychological Segmentation
Opinions and Attitudes
Criteria for Effective Targeting of Segments
Implementing Segmentation Strategies
The document discusses segmentation, targeting, and positioning (STP) as key marketing strategies. Segmentation involves dividing the total market into smaller subgroups. Targeting is selecting specific segments to enter. Positioning is how a product is defined in consumers' minds relative to competitors. Effective segmentation is measurable, accessible, substantial, differentiable, and actionable. Targeting evaluates segment size, growth, competition, accessibility, and alignment. Positioning strategies include differentiation by product, price, people, etc. Examples provided are of ITC Bingo snacks and Airtel mobile network positioning their offerings for specific consumer segments in India.
An introduction to market segmentation and targetingWilliam Baker
The document provides an overview of market segmentation and target marketing. It defines market segmentation as dividing the market into subsets of customers likely to have similar needs, wants and responses to marketing efforts. The key objectives of segmentation are to identify segments with the greatest profit potential based on requirements and capabilities. The document discusses evaluating segments based on factors like market size, growth, competition and developing a primary target market definition considering benefits, user type, geography, demographics and psychographics.
This document defines market segmentation and discusses its importance. Market segmentation involves dividing a heterogeneous market into homogeneous subgroups that respond similarly to marketing strategies. It allows companies to develop tailored strategies for each subgroup. Effective segmentation yields segments that are identifiable, accessible, profitable and respond uniquely to marketing mixes. Market segmentation is a key part of marketing strategy that helps maximize sales and profits.
1. The document discusses key concepts in market segmentation including defining markets and segments, the importance of segmentation, criteria for successful segmentation, and bases used for segmenting consumer and business markets.
2. It also covers strategies for selecting target markets, one-to-one marketing, and how firms implement positioning strategies using product differentiation.
3. The learning outcomes cover topics like steps in the segmentation process, alternatives for selecting targets, and how positioning and differentiation influence customers' perceptions of brands.
The document discusses STP strategies and provides examples of how companies segment, target, and position in the marketplace. It covers segmentation bases like demographics, psychographics, and consumption behaviors. Targeting criteria include identifying sizable, stable, and accessible market segments. Positioning involves developing a product image relative to competitors. An example is provided of Maggi positioning instant noodles in India as a fast, convenient snack.
The document discusses market segmentation, targeting, and positioning. It defines segmentation as dividing a market into distinct groups based on variables like geography, demographics, psychographics, and behavior. It also discusses segmenting consumer markets, business markets, and international markets. Targeting is evaluating segments and selecting specific segments to target based on factors like segment size and competition. Positioning is defining a product's place in the consumer's mind relative to competitors in terms of important attributes. The document provides examples of positioning statements.
The document discusses various types of market segmentation used in marketing strategy, including demographic, psychographic, and behavioral segmentation. It provides examples of how companies segment consumers by factors like age, income, lifestyle, and product usage to develop targeted marketing approaches. Effective segmentation involves identifying segments that are identifiable, measurable, substantial, and durable over time.
What is Market Segmentation?
Bases for Segmentation
Three Phases of Marketing Strategy
Geographic Segmentation
Psychological Segmentation
Opinions and Attitudes
Criteria for Effective Targeting of Segments
Implementing Segmentation Strategies
The document discusses segmentation, targeting, and positioning (STP) as key marketing strategies. Segmentation involves dividing the total market into smaller subgroups. Targeting is selecting specific segments to enter. Positioning is how a product is defined in consumers' minds relative to competitors. Effective segmentation is measurable, accessible, substantial, differentiable, and actionable. Targeting evaluates segment size, growth, competition, accessibility, and alignment. Positioning strategies include differentiation by product, price, people, etc. Examples provided are of ITC Bingo snacks and Airtel mobile network positioning their offerings for specific consumer segments in India.
Under Armour is an American sports apparel company founded in 1996 that focuses on designing clothing to keep athletes dry and comfortable during exercise. The case study analyzes Under Armour's demographic segmentation by discussing how they target different age groups, genders, income levels, and generations with customized products and marketing approaches. Key variables like life stage, gender differences, income prioritization, and generational influences are considered when segmenting the market. Overall, the document provides an overview of Under Armour's demographic segmentation strategy and how they account for various consumer characteristics.
The document provides an overview of market segmentation. It defines market segmentation as dividing a market into homogeneous groups based on characteristics like geography, demographics, psychographics, and behavior. The benefits of segmentation include better matching of customer needs, enhanced profits, growth opportunities, and retaining more customers through targeted marketing. Common bases for segmentation include geographical, demographic, psychographic, and behavioral factors. Demographic variables used in segmentation are often age, gender, occupation, and life cycle stage. Psychographic segmentation divides the market based on social class, lifestyle, and personality traits. Behavioral segmentation considers purchase occasions, benefits sought, brand loyalty, and other response factors.
This document discusses market segmentation strategies. It defines market segmentation as dividing a potential market into distinct subsets of consumers. There are three phases to marketing strategy: 1) market segmentation, 2) target market and marketing mix selection, and 3) product/brand positioning. The document outlines various bases for segmentation including geographic, demographic, psychographic, and usage-related factors. It provides examples of how companies implement segmentation strategies to target specific consumer segments.
Market segmentation involves dividing a market into distinct groups based on characteristics like demographics, benefits sought, or behaviors. The document outlines the main steps in segmentation, targeting, and positioning:
1. Segmenting the market by identifying distinct groups using variables like geography, demographics, psychographics, benefits, or behaviors.
2. Evaluating each segment's attractiveness and selecting target segments to focus on.
3. Positioning the product by creating a competitive positioning and tailored marketing mix for the target segments.
Market segmentation involves dividing a broad target market into subsets of consumers who have common needs, interests, and priorities. The key aspects of market segmentation are segmentation, targeting, and positioning. Segmentation involves dividing the market into homogeneous subgroups. Targeting involves evaluating segments and selecting target markets to serve. Positioning develops the company's offering and image to occupy a place in the target market's mind. Common bases for segmentation include demographic, geographic, psychographic, and behavioral factors. Effective segmentation allows companies to better meet customer needs and maximize profits through tailored marketing strategies.
Market Segmentation, Targeting and Positioning - Benefits of SegmentationMihran Kalaydjian
The process of defining and subdividing a large homogenous market into clearly identifiable segments having similar needs, wants, or demand characteristics. Its objective is to design a marketing mix that precisely matches the expectations of customers in the targeted segment.
Few companies are big enough to supply the needs of an entire market; most must breakdown the total demand into segments and choose those that the company is best equipped to handle.
The document discusses market segmentation, targeting, and positioning. It defines market segmentation as dividing a market into smaller groups with similar characteristics that may require separate products or marketing mixes. It also defines target marketing as selecting a category of customers to focus on. The document then discusses different ways to segment consumer and business markets, including by geographic, demographic, psychographic, and behavioral factors. It also discusses evaluating market segments and different targeting strategies like undifferentiated, differentiated, concentrated, micromarketing, and individual marketing.
Market segmentation involves grouping customers into segments based on similarities to better target them. It is the first of three key steps in developing a marketing strategy along with targeting and positioning. Effective segmentation criteria include segments being identifiable, accessible, sizable, profitable, with unique needs and durable over time. Segmentation allows companies to tailor products and marketing approaches to specific groups. Common bases for segmentation include geographic, demographic, psychographic and behavioral factors.
This document discusses steps in segmenting, targeting, and positioning markets. It defines market segmentation as dividing a market into smaller groups based on characteristics. Target marketing involves evaluating segments and selecting ones to enter. Positioning sets the competitive positioning for a product by creating a marketing mix. The document then discusses various bases for segmenting consumers, including geographic, demographic, psychographic, and behavioral factors. It also outlines steps for evaluating and selecting target market segments and different target marketing strategies. Finally, it covers product positioning and choosing a positioning strategy.
This document discusses market segmentation and targeting. It outlines different levels of market segmentation from mass marketing to individual customer marketing. It then describes the market segmentation procedure which involves 7 steps from needs-based segmentation to marketing-mix strategy. The document also lists various bases that can be used for segmenting both consumer and business markets, such as geographic, demographic, psychographic, and behavioral segmentation. Finally, it discusses evaluating market segments, different types of market targeting approaches, and additional considerations for market segmentation and targeting.
The document discusses various concepts related to market segmentation, targeting, positioning, and differentiation. It begins by defining market segmentation as the process of dividing the heterogeneous market into homogeneous subgroups. It then discusses the benefits and implementation of market segmentation. The document also covers topics like mass marketing vs micro marketing, levels of segmentation, bases for segmenting consumer and business markets, and market segmentation in various industries. It discusses the concepts of targeting, positioning, differentiation strategies and their application to products and services.
This document discusses STP strategies in marketing planning. It explains that markets are fragmented with diverse customers having different needs. STP refers to segmentation, targeting, and positioning. Segmentation involves grouping customers based on similar attributes to address their needs. Targeting means selecting specific segments to pursue based on fit with resources and goals. Positioning differentiates a brand based on meaningful attributes to convey its value and set it apart from competitors. The document provides examples of segmentation variables and strategies for targeting segments broadly or narrowly.
This document discusses market segmentation, targeting, and positioning for competitive advantage. It defines market segmentation as aggregating buyers into groups that have common needs and respond similarly to marketing. Companies segment markets based on geographic, demographic, psychographic, and behavioral variables. The key steps are to segment markets, evaluate segments, select target segments using undifferentiated, differentiated or concentrated approaches, and then determine a market positioning strategy.
This document discusses key concepts in market segmentation, targeting, and positioning. [1] It outlines different types of market segmentation including by demographics, psychographics, geography, and behavior. [2] The benefits of segmentation are that it allows companies to better understand customer groups, communicate more effectively to specific segments, and find that some segments are more profitable than others. [3] Targeting and positioning strategies are also discussed to help ensure marketing communications are tailored to specific audience segments.
Market segmentation involves dividing a large market into smaller subgroups with distinct needs, behaviors, or other attributes. There are several levels of market segmentation including segment marketing, niche marketing, and local marketing. Segmentation is important because it allows companies to better understand customer needs and satisfy them through tailored offerings. Common bases for segmentation include geography, demographics, psychographics, behaviors, and other variables. The document then provides details on various segmentation approaches for both consumer and industrial markets.
The document discusses the process of segmentation, targeting, and positioning (STP) in marketing. It defines market segmentation as dividing a large market into smaller subgroups with similar needs and characteristics. The key steps are:
1. Segmentation - Dividing the market into homogeneous subgroups.
2. Targeting - Developing specific marketing strategies targeted at each segment.
3. Positioning - Creating a brand image and perception within the minds of consumers in the targeted segments.
The goal of STP is to design tailored marketing mixes that precisely meet the needs of customers in targeted market segments.
This document discusses market segmentation. It defines market segmentation as dividing a market into distinct subgroups of customers according to needs, characteristics, or behaviors. The key goals of segmentation are to evaluate new business opportunities and craft successful marketing offers for specific customer segments. Segments should be identifiable, accessible, measurable, substantial, with unique needs, and durable. Common bases for segmentation include geographic, demographic, psychographic, and behavioral factors. The document also discusses market targeting, positioning, marketing strategies like undifferentiated vs differentiated vs concentrated marketing, and the goals of market segmentation for organizations.
Market segmentation involves dividing a large, heterogeneous market into smaller, more homogeneous subgroups based on common characteristics like needs or behaviors. It allows companies to better understand customer groups and tailor products and marketing more effectively to different segments. Market segmentation can be done based on demographic factors like age, income, or location, as well as psychological factors like personality or lifestyle. Understanding market segments helps companies allocate resources efficiently, develop targeted marketing programs, and increase sales and benefits to consumers.
Market segmentation involves dividing a market into subgroups of customers with distinct needs, characteristics, or behaviors who might require separate products or marketing mixes. It allows companies to target specific subsets of customers more effectively. Key reasons for segmentation include better matching products to customer needs, enhancing profits by understanding differences in customer preferences, and improving marketing communications by targeting specific audience segments. Common bases for segmentation include demographics, behaviors, benefits sought, geography, and lifestyle.
Market segmentation involves dividing a market into subgroups of customers with similar needs or characteristics. A target market is a specific subgroup that a company focuses its marketing efforts on. Positioning refers to how a company wants to be perceived by its target market relative to competitors. It involves determining desired attributes and benefits to highlight so customers will see the product filling a unique need in its category. Repositioning may be needed if a product's initial positioning fails to resonate or customer needs change over time. Tanishq initially targeted high-income groups but repositioned to focus on upper middle-income Indians seeking 22-carat gold aligned with local traditions. This summarized the key points around market segmentation, targeting, positioning and Tanishq's
One should obtain all guarantees and warranties in writing when getting competitive bids from at least two or three custom home builders. Friends and family can provide referrals to builders who will provide estimates detailing labor, materials, timelines, and potential cost savings. A good Knoxville home builder will give these important project details to help the client decide which builder best suits their requirements.
Under Armour is an American sports apparel company founded in 1996 that focuses on designing clothing to keep athletes dry and comfortable during exercise. The case study analyzes Under Armour's demographic segmentation by discussing how they target different age groups, genders, income levels, and generations with customized products and marketing approaches. Key variables like life stage, gender differences, income prioritization, and generational influences are considered when segmenting the market. Overall, the document provides an overview of Under Armour's demographic segmentation strategy and how they account for various consumer characteristics.
The document provides an overview of market segmentation. It defines market segmentation as dividing a market into homogeneous groups based on characteristics like geography, demographics, psychographics, and behavior. The benefits of segmentation include better matching of customer needs, enhanced profits, growth opportunities, and retaining more customers through targeted marketing. Common bases for segmentation include geographical, demographic, psychographic, and behavioral factors. Demographic variables used in segmentation are often age, gender, occupation, and life cycle stage. Psychographic segmentation divides the market based on social class, lifestyle, and personality traits. Behavioral segmentation considers purchase occasions, benefits sought, brand loyalty, and other response factors.
This document discusses market segmentation strategies. It defines market segmentation as dividing a potential market into distinct subsets of consumers. There are three phases to marketing strategy: 1) market segmentation, 2) target market and marketing mix selection, and 3) product/brand positioning. The document outlines various bases for segmentation including geographic, demographic, psychographic, and usage-related factors. It provides examples of how companies implement segmentation strategies to target specific consumer segments.
Market segmentation involves dividing a market into distinct groups based on characteristics like demographics, benefits sought, or behaviors. The document outlines the main steps in segmentation, targeting, and positioning:
1. Segmenting the market by identifying distinct groups using variables like geography, demographics, psychographics, benefits, or behaviors.
2. Evaluating each segment's attractiveness and selecting target segments to focus on.
3. Positioning the product by creating a competitive positioning and tailored marketing mix for the target segments.
Market segmentation involves dividing a broad target market into subsets of consumers who have common needs, interests, and priorities. The key aspects of market segmentation are segmentation, targeting, and positioning. Segmentation involves dividing the market into homogeneous subgroups. Targeting involves evaluating segments and selecting target markets to serve. Positioning develops the company's offering and image to occupy a place in the target market's mind. Common bases for segmentation include demographic, geographic, psychographic, and behavioral factors. Effective segmentation allows companies to better meet customer needs and maximize profits through tailored marketing strategies.
Market Segmentation, Targeting and Positioning - Benefits of SegmentationMihran Kalaydjian
The process of defining and subdividing a large homogenous market into clearly identifiable segments having similar needs, wants, or demand characteristics. Its objective is to design a marketing mix that precisely matches the expectations of customers in the targeted segment.
Few companies are big enough to supply the needs of an entire market; most must breakdown the total demand into segments and choose those that the company is best equipped to handle.
The document discusses market segmentation, targeting, and positioning. It defines market segmentation as dividing a market into smaller groups with similar characteristics that may require separate products or marketing mixes. It also defines target marketing as selecting a category of customers to focus on. The document then discusses different ways to segment consumer and business markets, including by geographic, demographic, psychographic, and behavioral factors. It also discusses evaluating market segments and different targeting strategies like undifferentiated, differentiated, concentrated, micromarketing, and individual marketing.
Market segmentation involves grouping customers into segments based on similarities to better target them. It is the first of three key steps in developing a marketing strategy along with targeting and positioning. Effective segmentation criteria include segments being identifiable, accessible, sizable, profitable, with unique needs and durable over time. Segmentation allows companies to tailor products and marketing approaches to specific groups. Common bases for segmentation include geographic, demographic, psychographic and behavioral factors.
This document discusses steps in segmenting, targeting, and positioning markets. It defines market segmentation as dividing a market into smaller groups based on characteristics. Target marketing involves evaluating segments and selecting ones to enter. Positioning sets the competitive positioning for a product by creating a marketing mix. The document then discusses various bases for segmenting consumers, including geographic, demographic, psychographic, and behavioral factors. It also outlines steps for evaluating and selecting target market segments and different target marketing strategies. Finally, it covers product positioning and choosing a positioning strategy.
This document discusses market segmentation and targeting. It outlines different levels of market segmentation from mass marketing to individual customer marketing. It then describes the market segmentation procedure which involves 7 steps from needs-based segmentation to marketing-mix strategy. The document also lists various bases that can be used for segmenting both consumer and business markets, such as geographic, demographic, psychographic, and behavioral segmentation. Finally, it discusses evaluating market segments, different types of market targeting approaches, and additional considerations for market segmentation and targeting.
The document discusses various concepts related to market segmentation, targeting, positioning, and differentiation. It begins by defining market segmentation as the process of dividing the heterogeneous market into homogeneous subgroups. It then discusses the benefits and implementation of market segmentation. The document also covers topics like mass marketing vs micro marketing, levels of segmentation, bases for segmenting consumer and business markets, and market segmentation in various industries. It discusses the concepts of targeting, positioning, differentiation strategies and their application to products and services.
This document discusses STP strategies in marketing planning. It explains that markets are fragmented with diverse customers having different needs. STP refers to segmentation, targeting, and positioning. Segmentation involves grouping customers based on similar attributes to address their needs. Targeting means selecting specific segments to pursue based on fit with resources and goals. Positioning differentiates a brand based on meaningful attributes to convey its value and set it apart from competitors. The document provides examples of segmentation variables and strategies for targeting segments broadly or narrowly.
This document discusses market segmentation, targeting, and positioning for competitive advantage. It defines market segmentation as aggregating buyers into groups that have common needs and respond similarly to marketing. Companies segment markets based on geographic, demographic, psychographic, and behavioral variables. The key steps are to segment markets, evaluate segments, select target segments using undifferentiated, differentiated or concentrated approaches, and then determine a market positioning strategy.
This document discusses key concepts in market segmentation, targeting, and positioning. [1] It outlines different types of market segmentation including by demographics, psychographics, geography, and behavior. [2] The benefits of segmentation are that it allows companies to better understand customer groups, communicate more effectively to specific segments, and find that some segments are more profitable than others. [3] Targeting and positioning strategies are also discussed to help ensure marketing communications are tailored to specific audience segments.
Market segmentation involves dividing a large market into smaller subgroups with distinct needs, behaviors, or other attributes. There are several levels of market segmentation including segment marketing, niche marketing, and local marketing. Segmentation is important because it allows companies to better understand customer needs and satisfy them through tailored offerings. Common bases for segmentation include geography, demographics, psychographics, behaviors, and other variables. The document then provides details on various segmentation approaches for both consumer and industrial markets.
The document discusses the process of segmentation, targeting, and positioning (STP) in marketing. It defines market segmentation as dividing a large market into smaller subgroups with similar needs and characteristics. The key steps are:
1. Segmentation - Dividing the market into homogeneous subgroups.
2. Targeting - Developing specific marketing strategies targeted at each segment.
3. Positioning - Creating a brand image and perception within the minds of consumers in the targeted segments.
The goal of STP is to design tailored marketing mixes that precisely meet the needs of customers in targeted market segments.
This document discusses market segmentation. It defines market segmentation as dividing a market into distinct subgroups of customers according to needs, characteristics, or behaviors. The key goals of segmentation are to evaluate new business opportunities and craft successful marketing offers for specific customer segments. Segments should be identifiable, accessible, measurable, substantial, with unique needs, and durable. Common bases for segmentation include geographic, demographic, psychographic, and behavioral factors. The document also discusses market targeting, positioning, marketing strategies like undifferentiated vs differentiated vs concentrated marketing, and the goals of market segmentation for organizations.
Market segmentation involves dividing a large, heterogeneous market into smaller, more homogeneous subgroups based on common characteristics like needs or behaviors. It allows companies to better understand customer groups and tailor products and marketing more effectively to different segments. Market segmentation can be done based on demographic factors like age, income, or location, as well as psychological factors like personality or lifestyle. Understanding market segments helps companies allocate resources efficiently, develop targeted marketing programs, and increase sales and benefits to consumers.
Market segmentation involves dividing a market into subgroups of customers with distinct needs, characteristics, or behaviors who might require separate products or marketing mixes. It allows companies to target specific subsets of customers more effectively. Key reasons for segmentation include better matching products to customer needs, enhancing profits by understanding differences in customer preferences, and improving marketing communications by targeting specific audience segments. Common bases for segmentation include demographics, behaviors, benefits sought, geography, and lifestyle.
Market segmentation involves dividing a market into subgroups of customers with similar needs or characteristics. A target market is a specific subgroup that a company focuses its marketing efforts on. Positioning refers to how a company wants to be perceived by its target market relative to competitors. It involves determining desired attributes and benefits to highlight so customers will see the product filling a unique need in its category. Repositioning may be needed if a product's initial positioning fails to resonate or customer needs change over time. Tanishq initially targeted high-income groups but repositioned to focus on upper middle-income Indians seeking 22-carat gold aligned with local traditions. This summarized the key points around market segmentation, targeting, positioning and Tanishq's
One should obtain all guarantees and warranties in writing when getting competitive bids from at least two or three custom home builders. Friends and family can provide referrals to builders who will provide estimates detailing labor, materials, timelines, and potential cost savings. A good Knoxville home builder will give these important project details to help the client decide which builder best suits their requirements.
6. punzalan, maevilyn human existence as social in everythingAgah Pentecostes
This document discusses how human life and activities are inherently social. It argues that even solitary activities like brushing one's teeth are social, as people learn how to perform them from others according to social patterns and customs. The document also notes that wanting to be alone is itself a social concept, demonstrating how everything in human existence is connected to and influenced by society.
This document outlines the development of an Anatomical Atlas app to help medical students study human anatomy without relying as heavily on cadaver labs. The app will initially focus on the skeleton. It will include stereoscopic 3D views of bones, a web service, practice quizzes, and tools for teachers to monitor students. The document describes the challenges faced in developing the first version, integrating it with a backend, and adding new features. It provides an overview of progress so far and next steps to integrate user profiles, classroom tools, and a full 3D bone library. The goal is to efficiently and interactively assist students in studying human anatomy and reduce cadaver usage in labs.
This document summarizes a project to interface a USB keyboard with an Android phone. The project aims to allow writing directly on a mobile screen without the onscreen keyboard. An Arduino Mega ADK board is interfaced with a USB keyboard and AUBTM-20 Bluetooth module to pair with an Android phone and send keyboard data packets. The theory of USB protocols and human interface devices is discussed. The document provides details on Arduino code, Android app development, and programming the Arduino.
This paper presents new lithogeochemical and pyrolysis data from 326 samples collected from core in the Husky Little Bear N-09 well in the Mackenzie Plain, Northwest Territories, Canada. The samples were taken from black shale sections of the Hume, Hare Indian, and Canol formations of the Devonian Horn River Group at high resolution (0.5m spacing). Bulk geochemical analysis and Rock-Eval pyrolysis indicates the presence of type II kerogen with good hydrocarbon production potential in the Canol Formation. This data provides improved chemostratigraphic resolution for correlating and understanding the stratigraphy and organic richness of these important shale gas units in the Horn River Group.
Este plano de curso de Artes para o 8o ano do Ensino Fundamental II descreve os conteúdos, procedimentos, recursos e avaliações para cada trimestre. No primeiro trimestre, os tópicos incluem o Brasil colônia, Barroco, Aleijadinho e arte indígena. No segundo trimestre, os tópicos são arte moderna vs clássica, abstracionismo, xilogravura e cubismo. No terceiro trimestre, os detalhes dos conteúdos não são fornecidos. Todas as avaliações incl
El documento habla sobre la basura electrónica. Explica que la constante innovación tecnológica hace que los aparatos electrónicos antiguos se desechan más rápido por los nuevos modelos. También detalla los efectos dañinos de los materiales tóxicos en la basura electrónica para la salud humana y el medio ambiente. Finalmente, enfatiza la necesidad de encontrar soluciones para gestionar los residuos electrónicos crecientes y aprovechar sus componentes para proteger el futuro del medio ambiente.
1) Maruti Suzuki is India's largest car manufacturer, accounting for 47% of the domestic car market. Originally majority-owned by the Indian government, it is now majority-owned by Suzuki Motor Corporation of Japan.
2) Maruti Suzuki produces over 1.5 million cars annually in India, with models ranging from hatchbacks to sedans and SUVs. It has established extensive sales and service networks across the country.
3) Maruti Suzuki focuses on reducing costs through efficient supply chain management and uses technologies like electronic lead management to improve sales processes and customer relationships. It has also tailored its rural marketing strategies to boost sales in smaller cities and towns.
State of Corporate Venturing - A VC perspective on Markets and OutlookThomas Grota
The markets have changed, unicorns are becoming an obstical to have in your portfolio and comporations are pushed to be active in investing and partnering. 5 take aways on how to survive and generate value as a corporate VC in 2016.
Roger A. Kerin, Steven W. Hartley, William Rudelius의 마케팅 저서 Marketing 11판을 해설한 마케팅 강의 슬라이드입니다.
미국마케팅협회 마케팅자격증 대비를 위한 추천도서 중 하나입니다.
제작: 한국마케팅교육연구소(www.marketingkorea.org)
Roger A. Kerin, Steven W. Hartley, William Rudelius의 마케팅 저서 Marketing 11판을 해설한 마케팅 강의 슬라이드입니다.
미국마케팅협회 마케팅자격증 대비를 위한 추천도서 중 하나입니다.
제작: 한국마케팅교육연구소(www.marketingkorea.org)
A aula trata da Revolta dos Malês, com os alunos divididos em grupos para pesquisar e produzir uma história em quadrinhos sobre o tema. Os alunos devem assistir vídeos para iniciar a pesquisa, atentando-se a detalhes como local, data e pessoas envolvidas.
Trends and Best Practices in Global Shared ServicesChazey Partners
The deck shows you the latest trends in Global Shared Services and Outsourcing industry and the best practices on optimizing your Shared Services performance
This document discusses an advertising product called "Earn Cash Yearly" or "Make Money With Google" that claims to teach a secret method for making money using Google Adsense and Clickbank. The reviewer critiques the sales page, noting that Adsense and Clickbank are not unique or secret platforms. The reviewer is skeptical of claims that one can set everything up in a day and begin making thousands, as the process typically requires more time and effort. The reviewer does not recommend or affiliate with this product.
The document discusses digital marketing and provides information on the following:
1. It defines digital marketing and explains how it encompasses all marketing efforts that use electronic devices and the internet to connect with customers.
2. It describes how digital marketing is important for meeting customers online and provides examples of key digital marketing tactics.
3. It explains that digital marketing is a large and growing industry in India and globally, and outlines the scope and importance of digital marketing for businesses.
Zapzhoop is an ecommerce company that started in 2012 with the goal of being India's largest online retailer. It operates an online shopping portal that offers domestic and international products across various categories like books, electronics, apparel and more. The company aims to provide affordable prices, fast delivery, a great customer experience and unique product selections on its website.
•Customer acquisition and Customer Retention for company and basic knowledge on Digital Marketing.
•Social Media Marketing and surveyed the market to understand the consumer needs in the Digital Era.
This document outlines the key components to include in a pitch deck for a startup. It provides guidance on sections such as problem, solution, product, market size, business model, go-to-market strategy, competitive advantage, traction, team, offer, and parting shot. For each section, it lists considerations and examples of the types of quantitative and qualitative information to present to convey the opportunity and need to investors in a clear and compelling manner.
Voice pick Research - Product InformationVoicePick1
1) Voice Pick is a Vietnamese customer insight platform that allows companies to collect real data from real users in their target audiences and segment them.
2) The platform provides standardized and customized data analysis packages, starting from basic data needs to more in-depth exploratory analysis. It focuses on automation, scalability, and quality control.
3) Voice Pick's analysis and consulting team can provide strategic recommendations throughout a product's lifecycle from introduction to decline, based on collected consumer data and insights.
Improvement of UR Umuc Healthy Fitness Centre .docxbradburgess22840
Improvement of UR Umuc Healthy Fitness Centre
Business process involves the putting together of different processes in order to provide a better service or product for customers. The business process model of Fitness Center is what it uses to define the ways it would operate in achieving its planned process. The business process needed for UR UMUC Healthy fitness center is to make sure it can operate efficiently. My analysis for the FC is to put together different activities like the UR UMUC Healthy fitness center’s membership registration and billing method as these would add value to the company and improve process.
The Business process needed to be improved for the FC is a modern registration of members with modern payment method. The flowchart would include new members being registered in the database system. They are given member numbers, screened for qualification, if they qualify, then they are registered, if not, they need a waiver to be registered. Then, with the payment method, customers are given the chance to either pay online or in person making either a credit card payment or cash payment. After, all these steps are followed, they are then registered successfully.
“AS IS” PROCESS
“TO BE” PROCESS
Technology plays an important role in every organization’s success. The technology I deem appropriate for UR UMUC Healthy fitness center includes innovation through network, Web security, and data technology needed to change the way the fitness center operates. Through the network system, LAN can be used to help in accessing the Internet by both the customers and the managers. The Web security would be used in making the data collected from the customers safe, this would block data thieves from being able to get into customers’ information and protect their privacy. The Data technology would help in collecting and making use of the useful information needed to improve the center. The Technology
Solution
for UR UMUC Healthy fitness center can take any form based on the need of the center. The technology that I would use for the center is the ERP from a company called SYSPRO. The company specializes in a system that can be utilized to customize for the use of enrollment of new customers/members, registration of members, and payment system of the members.
The technological components needed to bring changes to the center would include: Hardwares-Computers (Either desktops or laptops), printers, scanners, copiers, fax machines, LAN cables, wireless router, surge protectors, credit card system, keyboard, mouse, VPN, monitor, server, cash registers, I.D card scanners, wireless network card, DSL, and others. The Software would include antispyware/antivirus, point of sale, firewall, server, business/office, credit card, operating system, and other software.
With all the components available, UR UMUC Healthy fitness center would be able to bring the needed change and innovation to the business place. A.
Digital marketing uses electronic and internet-based channels to promote products and services. In Bangladesh, while some major companies use digital marketing, most still rely on traditional methods. This study aims to identify challenges to digital marketing in Bangladesh and how embracing digital strategies could benefit businesses and the economy. It will survey 50 consumers on their views of digital marketing and extract data to further illuminate the situation. The results could help marketers understand how to better connect with consumers digitally and expand their reach nationally and internationally.
This document summarizes an in-class exercise discussing mobile phone usage, types of mobile phone users, the importance of market scale and size for students, the value of customers, Google's approach to advertising, DoubleClick ad tools, operationalizing change, how the market decides, key insights, approaching advertising, publisher solutions, characteristics of new online advertising models, capturing the future of information, and opinions on the key term "Linear".
This document provides definitions and explanations of various marketing concepts and terms that may be asked about in marketing aptitude exams for banks. It defines abbreviations commonly used in marketing and explains concepts like viral marketing, bench marketing, drip marketing, guerrilla marketing, social media marketing, direct marketing, indirect marketing, internet marketing, digital marketing, the marketing mix (4Ps and 7Ps), SWOT analysis, customer relationship management, the three levels of a product, market research, market information, market segmentation, branding, and marketing. It also provides a sample marketing quiz with multiple choice questions.
Digital Marketing Strategic Planning WorkshopDigi Mark
5th ITI Digital Marketing Day
By: Mohab Ayman
#DMDay5
Digital Marketing Strategy is:
Definition of the approach by which applying digital technology
platforms to integrate with the other Marketing activities and support the overall Business Objectives.
THE DIGITAL MARKETING STRATEGY VIETTEL MONEYNamNguyn984502
This document provides an analysis of Viettel Money's 2022 Tet digital marketing campaign titled "Happy Tet - Share Love". The campaign aimed to increase brand recognition and encourage use of Viettel Money's digital payment services. Key elements included targeting young, tech-savvy Vietnamese; leveraging Viettel's technology and infrastructure advantages; and promoting a message of sharing love during Tet to revive cultural traditions amid COVID restrictions. The campaign analysis examines objectives, target audiences, competitive advantages, marketing strategy and channels used, with the goal of reigniting community spirit and transactions on Viettel Money's platform during Tet.
This document discusses modern trends in marketing management and reviews recent marketing strategies and tools used in the current business environment. It compares the buying behavior of customers in the past to current trends, noting that customers now demand quality, variety, reasonable cost, and quick response times. Recent marketing strategies discussed include focusing on quality, building customer relationships, integrating departments, ethical marketing, after-sales service, expanding marketing networks, adopting new technologies, and customization. Modern marketing tools outlined are digital marketing, direct marketing, mobile marketing, and marketing automation. Case studies on Patanjali group's marketing approach and Nestle's relaunch of Maggi after a ban are also presented.
Cossor Makeup is a mobile application that recommends cosmetic products to users based on their preferences, purchase history, and profile. It analyzes this data using algorithms to provide personalized recommendations of products available near the user. The application aims to help busy women more efficiently find cosmetics that suit them among the many options. It addresses common challenges users face like not knowing which brands specialize in certain products or finding it difficult to choose products that match their needs. The founders plan to generate revenue through advertising, commissions from product sales, and partnership deals with cosmetic brands.
Research Portfolio Ellisha-Jade White BA(Hons) Fashion PR Final Major Project...EllishaJadeWhite
This project will explore the importance of social media marketing for smaller local fashion and lifestyle businesses in the South-East area, highlighting how the quality of communication online can be a prominent factor in determining the success or failure of the business. The project will also research into how the online presence of a business affects the credibility of the brand through the customer’s eyes and whether some businesses fail due to the lack of knowledge in the area of online or social media marketing, and/or their perceived idea of cost for an experienced marketing agency.
Persona Marketing and Lead Nurturing- Simon Morris, AdobeLinkedIn
This document discusses persona marketing and lead nurturing. It describes building personas to better understand target customers and their needs. The document provides examples of personas like Digital Marketer, Digital Analyst, and Social Marketer. It emphasizes the importance of knowing customers and their challenges in order to effectively market to different personas. Building personas involves defining who they are, their goals, pain points and preferred methods of interaction to align marketing strategies.
The pre-approach phase in the sales process allows sales executives to collect and evaluate information about prospects before directly communicating with them. This helps the salesperson understand the prospect's needs and views in advance. At this stage, the seller seeks information about the prospect's company, business needs, decision makers, and buyers. The seller also decides on the best contact method and plans an overall sales strategy. Collecting rich data from various sources during pre-approach guarantees the salesperson has proper understanding to identify the right time to approach the prospect and make the sales process more efficient.
The document proposes a new travel app called Blue Chimes that provides customized trip planning and activity suggestions based on user preferences. It analyzes the growing market for travel apps and outlines Blue Chimes' strategy to target 18-40 year olds looking for new experiences. The app will offer free basic suggestions and premium features for a low monthly fee. Blue Chimes will partner with local businesses and use word-of-mouth, social media, and app store placement for promotion. A multi-team structure and 1-2 month implementation schedule is proposed to launch the product.
This document provides an overview of how businesses can use the Internet as a marketing tool. It discusses researching target markets and their Internet access and usage. The Internet can be used for promotion, as a distribution channel, and sometimes as the product itself. Common Internet marketing tactics are described. The Internet allows extending the traditional four Ps of marketing (Product, Price, Place, Promotion) to include a fifth P of People. Developing an effective Internet marketing plan requires understanding the target market and how to position your business competitively online.
This report provides in depth knowledge of current digital scenario in India. In the report I have taken instances from my Summer Internship at Paisabazaar.com
2. 1
Case Background Information
As a part of the procedures which is defined by a general
policy of the company, we conducted wide research on
market potential, trends and final segmentation. This
research has covered two basic elements: 1) Demand
for applications relying to the internet technology, which
will help customers of beauty centers, hair style studios
for women of color, to get the best service, will be the
first part of this research. 2) In the second round we will
conduct a market research followed by general analyses
on this specific segment of customers.
Initial idea for a development of this application
was introduced by the co - owner Ms. Pine-Smith.
After several years of searching for a new solution, she
offered a concept of the unique application with super –
designed website which will enter an opening door for
this service. Little Blaque Book LLC is actually on –
demand - service for searching and booking beauty
treatment for the specific population – African –
Americans (women). Her partner Mr. Brian Chisum,
has followed her in development of this project and they
created wonderful solution for
New way of life, everyday turbulences, timeless
business women, heating demand for lifestyle changing
and finally technology advancement brought into the
market a brand new solution in the cosmetics and
beauty industry. Style.com or Glamsquad.com are
leaders in this business. Their applications are available
on the mobile devices, and representing an easy way
for all women who need exquisite and fast service to
settle an appointment. Treatment at your home or even
spa – center on demand with possibility to book an
appointment within one hour.
Following this idea with special attention to needs which
are characteristic for black women, Little Blaque Book
LLC (in future text LLB), has developed strategy for
using tech innovation to cover this specific market.
As for this strategy, there has been planned three
phases, which will cover marketing, financial and
organizational construction. In its core, this application
has a model of corresponding data base – so all
enquiries from users will be automatically processed
and all answers will be available immediately or in a few
minutes. Current market is not covered in this segment
or it is not covered enough. One of the competitors in
this segment is beta.urbanbeautynetwork.com,
which don`t have mobile app yet. That is one of the
reasons why LLB has to bring its market presence on
much higher level.
Marketing promotion will be conducted through several
important channels in online environment, but also
combining event marketing, TV, and word of mouth.
Organizational aspect is very complex. General
organization of the company will be based on hybrid
3. 1
principle. Regarding, implementation of additional
functions and future growth, it will be changed and
adapted under a market fluctuations and organization
internal responses. This kind of responses are
characteristic for rapidly growing businesses with
highly-demanding market. Services provided by LBB
has to be delivered in real-time and IT support back-up
is the most important for this part. On the other hand
customers, who are applying for these services need
friendly – user platform without obstacles. Providing this
type of environment will be secured by the good
instructions, Q&A section and other ways of
communication. Very important part of this whole
system is well-packed database with all available
professionals which can offer various beauty treatments
(hairstylist, makeup artist, eyelash extension artist or
eventually barbers).
Financial flows are determined according to services
which are offered. This is totally online business –
customer is able to pay via Stripe account, credit card
or other payment method. After receiving total payment
on its account – LBB will transfer money directly to the
account of freelance professional, reduced for the
commission. In this structure – revenues will be
secured, the whole transfer process is controlled by
provider and commission is available instantly.
Market projections and forecast are developed for one
(or three) year plan, yet this development projection
can be redefined in the next few months if an increasing
demand and positive feedback evoke continuous
growth.
4. 1
Report Outline
I Review Objectives 4
a) Market Potential 4
b) Operational 4
c) Marketing 4
d) Services 5
II Overview and Methodology of the research process 5
III Customer Profile 5
a) Demographics 5
b) Average Applications Usage 7
IV U.S. Market – Landscape and Trends 7
a) Nationwide Industry Outlook 8
5. 2
b) Geographic diversity 8
c) Current Market Conditions 9
V Identification of opportunities, challenges, signals 12
a) The Markets Priorities and Concerns 12
i) Motivators and De-Motivators 12
ii) Opportunities 12
iii) LBB’s Advantages 14
b) Market Segment Challenges 14
i) Competitors 15
ii) Alternatives 16
iii) Technology 16
VI Company Analysis 19
VII Market Risk vs. Reward Analysis 20
VIII Preliminary Recommendations 21
6. 3
a) Target Stylists 21
b) Target Regions 21
c) Target Market Segments 22
d) Advertising Channels 22
e) Other Marketing Channels 22
7. 4
I Review objectives
This part of research has been analyzing all key issues
of the development this particular on – demand
platform, as well as its necessity, pre – launch activities
and all additional content. We tend to explore all market
challenges with one simple objective – How to penetrate
market and get more sales?
a) Market Potential
1) Determine the market potential and the
concentration of the targeted market
segment.
2) Find the best stylists, cosmetologists and
other professionals who will provide the most
quality and fastest service
3) Evaluate Little Blaque Book LLC ability to meet
the technological, marketing and sales
requirements to be successful in this market
segment.
4) Identify high potential prospects of planned
marketing and sales activities
Questions to be answered by the research.
b) Operational Questions
1) Are all features of LBB app sufficient to answer
on demands of the specific market? Alternatives?
2) Are our current team capable to handle all
services?
3) Will additional employees be necessary?
Alternatives?
4) How does the market now use this type of
services?
i. Direct at beauty shops
ii. Telephone/Fax
iii. Internet
c) Marketing Questions
1) What specific region will be covered? Are there
possibility for easy spreading?
2) What Associations of beauty professionals
have influence in the market? Are there publications and
/ or web portals with high market segment readership?
3) How do other products “go to market” within
the segment?
4) Level of market sophistication? Limitation of
the internet users or online payments?
5) Is there seasonality to the business?
6) What are the characteristics of the specific
market segment?
7) What are the main directions for marketing
promotion? What are the alternatives?
8. 5
The Prospect Directory
1) Identify and profile customers as a potential
users
2) Provide a directory of all stylists,
cosmetologists, manicurists which will be
available to users on demand.
II Overview and Methodology of the
research process
This research was conducted over a 60 day period in the
last quarter of 2015 by our Research Team. The
information which could be find here are the property of
the research sponsors (Little Blaque Book LLC). The
information from this report will not be made available
to others without the special permission of the research
sponsor. Sources of information include:
1) Company marketing information, advertising
2) Information about regulation and laws (Board
of Barbering and Cosmetology - Title 16,
Division 9, California Code of Regulations
3) On-Line research (Black Beauty App) including
third party references
4) Trade Associations, Directories and
Publications
5) Various private industry sources
Every effort is made to provide accurate information.
The information provided is “best available” on the day
the data was gathered. Changes in personnel, company
products and operations change daily. Previous
projects indicate the most volatile information will be
found with changes in personnel and company
operations reported in the Prospect Directory.
III Customer Profile
The targeted audiences for the prospected websites are
professional women and those with a full social
schedule, including brides (think: shower, bachelorette
party, rehearsal dinner). Habits, preferences and
general lifestyle of the customers are too complex, so
we can divide them in respective sub-groups.
a) Demographics
Group of customers which is very often used as an
exemplary for mobile beauty services is the group of
celebrities and high – class women. They look for
privacy, on-call service and flexibility. Later this option
has become available to much wider segment of
customers. Mobile hair stylists, makeup artists or
manicurists are especially popular for private events,
i.e. weddings. These kind of services are at disposal to
really huge population. With technics and technological
advances, limitations for using this kind of services have
been decreased at minimum. For more than 4 years,
9. 6
this market has been growing rapidly (over 149%
yearly).
By following a fast pace of everyday life beauty industry
is setting new type of the placement. This efficient
solution is also very interesting for the travelers. When
they find themselves in a new city without idea where
to go for hair blow or which spa center is the closest to
their location, search engine helps with all necessary
data and much more.
For those customers who have specific needs, this
application is the best solution, because it can provide
opportunity to fulfill diversified market demands.
Business women – this segment is definitely one of
the most interesting for the providers. Population of
women, with solid and stable income, lack of time and
standard lifestyle habits is the perfect piece of this cake.
Moms – at – home – are really in need for this service.
Simple analyses of their costs of time and money
(babysitting costs and spend when going to salon, bring
us to conclusion that in – home – price is saving their
money.
Travelers – is a special group of customers which has
to be exploited thoroughly. After attracting them to use
your application, you will probably get more and more
customers. Travelers are often very active on Social
Media and their good feedback could be just the right
thing.
Celebrities – extraordinary customers for any type of
service. When it comes to outlook, very often they have
unusual and extremely complicated requests. As an
answer to these requests, managers from beauty – on
– click industry adjusted general offer to them. Top
stylists, makeup artists or massagers are available on
call immediately or at the most convenient time and
always ready to carry out all requirements.
Within our general customer profile could be found a lot
of fractions. We recognize internal characterization of
each personality. As for this matter, we need to define
particular profile of customers which has diversity of its
own. Our sub-segments could be found across groups
of business women, travelers or moms – at – home
within African – American women. Black women are
have their own unique cultural ideas of beauty, product
preferences and beauty rituals. This population
represents really significant part of American women.
Regarding the fact that LBB is going to develop
application for them, our research took its own direction
across these sub – segments.
Specifically, for our research we extracted all interesting
facts that can explain market variety and special
requirements.
OBSERVATION: We were using online survey method for
interviewing, women in NYC and LA, because of an adequate
offer of mobile beauty apps which these two cities have.
Selected sample is constructed from different market
segments, so we could gather adequate conclusion. Among
all persons we interviewed: 1) 50% have answered that they
had used this type of service for once. 2) More than 65%
found app on App Store or have been using
10. 7
(recommendation) word of mouth. 3) 75% are interested for
services of the on – demand app for women of color
After processing data from online method we would like
to add more details about an experience which
customers are sharing without reserve.
Business women in the expert hand of stylists - "If I
can have someone blow out my hair while I'm sitting in
my home office, banging out emails and scheduling the
day, it's a no brainer," – said Julia Spillman - Gover, 31,
an associate real-estate broker who lives in Manhattan.
How beauty in – house services can help staying at
home – moms - Going to a salon requires a baby sitter,
which can easily push the price of the experience well
beyond $100.
Global trends in the technology enhancements for
various industries, find its own version within beauty
industry. As a necessity for an application which will
bring hairdresser to your door, grew stronger, several
start – ups, developed so called Uber for Beauty (Uber
after name of global-known application for
transportation), in the North American market. Most of
them are operating in New York, or other big cities in
the U.S. (L.A. Chicago etc.), but trend of growth is
significant. We can expect that national – wide
Glamsquad will be available very soon.
b) Average Application Usage
Typical customers for these services could be found
everywhere, especially in a large group of business
women. In our research we covered U.S. market with
special accent on the groups of African – American
women. Total sales among this segment in the U.S. is
more than 36% of the sales in beauty industry. General
sales in BI $26.5bn. Other relevant data will be provided
in the future chapters.
Geographic Locations which were comprised by our
research: Bay area – West Coast CA and Atlanta,
Georgia.
OBSERVATION: From our online survey and other
online resources, we made several conclusions, which
will be represented in the table below. Increasing
power of the internet, tech innovation are making an
impact on developing mobile beauty solutions. Their
index of satisfaction is not too high when we are
talking about quality of stylist`s work.
Impression on finding new stylist in last minute
Well 13%
Sometimes 8%
Not well 21%
Other 58%
Method of finding new stylist
Word of mouth 65%
My own stylist 13%
Online/Yelp 17%
Table 1. Mobile Beauty Applications
11. 8
IV U.S. Market – Landscape and Trends
This research is based on general data in mobile beauty
industry.
a) Nationwide Industry Outlook
General data from the beauty industry in the U.S. are
presented in the list below
1. Annual sales volume over $53 bn as of
2014 spent across different sectors of the
industry
2. Average rate of growth across various
sectors is 2.4%
3. Number of an active businesses is
1,223,585
4. Number of employees 1,732,584
Light shed on activities in the Hair and Nail Salons
reveals that operators in the Hair and Nail Salons
industry have begun offering a variety of new products
and services to boost revenue and leverage rising
consumer spending. As a result, revenue is expected to
grow. In the coming years, demand for industry services
is expected to accelerate thanks to improving
disposable income. Declining unemployment during the
next five years is expected to drive per capita disposable
1
IBIS World – Industry Report
income growth and boost demand for price-premium
services offered by this industry.
b) Geographic diversity
The Mid-Atlantic has the greatest share of industry
establishments, estimated at 25.3% of the nation's total
in 2015. However, the region is home to only 15.5% of
the US population. The states with the highest
concentration of establishments include New York,
Pennsylvania and New Jersey, which hold a respective
11.0%, 6.0% and 5.9% of the total. New York, in
particular, has experienced strong growth in the number
of salons.1
When it comes to mobile beauty industry geographic
coverage is a bit different. At this moment, mobile
applications for beauty on demand services are
available in all major cities in the U.S.
In the next figure you will be able to understand
prospect of this industry across United States. As a
leader by the number of locations which are covered we
recognize StyleSeat with over 15.000 locations. All
others app are operating in New York, Los Angeles,
Miami, Chicago etc.
Bay area with East coast makes the top attraction for a
business development. This represents the current
landscape of mobile beauty industry.
12. 9
Figure 1. Geographic locations for Mobile Beauty
Application in 2014
c) Current Market Conditions
Trends and consequences
Internet and technology advancements (iPhone and
iPad became our extended hands and browsing through
the internet is actually substitute for breeding). In the
population of so-called millennials we often see leaders
of this new digital world order, but there is huge
population of baby – boomers and seniors in America
which use the internet every day. Some of the research
showed that more than 45% of women older than 65
are using Social Media.
Beauty industry is affected by technology disruption.
Online shopping has boosted during last decade. Now,
we have variety of services available on the internet.
Growth of sales is really significant.
“Figures for the new Philip Kingsley mobile-optimized
website launched earlier this year showed more than a
50 per cent increase in sales from all mobile devices”
Other emersions within industries made a strong effect
on certain changes. Although, growth of revenues and
general move forward in the industry have been
recorded in previous past years, there are some others
factors which made an impact to workforce.
According to the chart below, we can detect what kind
of effects in growth of revenues and number of
freelancers have directly to beauty on – demand
industry.
13. 10
Beauty industry is recording moderate growth in the
past few years and its influence in the labor market has
increased numbers of freelancers among stylists,
cosmetologists. With 28% of hairdressers, stylists and
cosmetologists already working as independent
contractors, the beauty industry is an ideal environment
for on-demand platforms to gain traction.
Opportunities
After determining effects of this prodigy on beauty and
cosmetics industry, it is necessary to analyze
opportunities for advancement in various aspects of
services. The whole thing started few years ago, based
on idea .
Vênsette featured as the first on-demand beauty
service to your home. E- Commerce solution adapted to
beauty services was an idea of CEO
2
Clare O'Connor – Forbes – Beauty on Demand
who left her previous job in the finance for this
adventurous project.
Following her successful path, other start – ups, like
Glamsquad, Stylebee, Styleseat and others have started
developing various solutions for this kind of mobile
apps. Great success of Uber, inspired the whole new
range of applications within various fields.
Uber for Beauty is the name of one company based in
the Hamptons. This sintagm is also very often used as
a synonym for the total concept.
One of the leaders in the U.S. market is definitely
Glamsquad. Glamsquad`s CEO Alexandra Wilkis
Wilson “saw the moneymaking potential of applying an
Uber model to another massive, disparate market: U.S.
spas and salons, which will do $40 billion in sales this
year on the backs of a workforce that is 65%
freelance”.2
Competition
Research about beauty on – demand industry is
conducted among applications which are operating in
the major cities (New York, Los Angeles, Chicago etc.)
and across local markets where LLB application will
launch its platform. In the next chapter of this work, we
are going to analyze the main competitors who are
0
2
4
6
2011 2012 2013 2014
Chart 1. Growth of freelancers and
revenues in beauty industry
Freelance Laborforce Revenues in Beauty industry - total
14. 11
already functioning in geo-locations which will be
targeted by LLB.
The first mobile beauty application called Vênsette has
been founded by former hedge founded analyst Ms.
Platt. Her idea to create on – demand application for
beauty services was based on general picture of growth
in the services sector.
“When I started in 2011, we were really the first to
market. We built a network in New York City, and
eventually we grew the company to include dozens of
corporate and hotel partnerships” – company`s
strategy is relying to B2B revenues for about 50%. If a
corporation needs to have hair and makeup done for
15 VIP celebs, it’s the best option. If you go to a salon,
an agency, or individually negotiate with artist, it’s
going to be more of a production. The hotel piece was
a natural fit, too -- not every hotel has a salon”3
Vênsette, based in New York, now has artists available
for hire in New York, Los Angeles, San Francisco and
Miami.
3
Fashionista – Vênsette – Big Success
After three years of continuous growth they raised more
funding ($3mil). This action means that they are trying
to keep the pace with extremely high competition.
Vênsette is actually super fashionable mobile beauty
service which proud itself with quality but expensive
service.
Prices Vênsette
Hair 100$
Makeup 150$
Hair & Makeup 200$
VIP 300$
15. 12
Among the leaders in mobile beauty industry
Glamsquad have special place. Company has been
founded in January 2014 by Alexandra Wilkis
Wilson, co-founder of Gilt Group, Victoria Eisner,
Jason Perri and David Goldweitz, with services
available in New York and L.A.
Glamsquad dream team
As a part of a dream team of executives plus is creative
director and veteran hairstylist Giovanni Vaccaro and
director of makeup artistry Kelli Bartlett. Glamsquad
artists are trained in the brand's proprietary technique
for consistent results.
is highlight goal of these experts.
After one year of rapid growth created new potential and
additional funding of $7mil in series A and $15mil in
series B.
Prices Glamsquad
Blowout 50$
Makeup 75$
Braid 75$
Up do 80$
Plans of Glamsquad is to create nationwide network and
always be able to create great services at affordable
price.
Stylebee - 2013 by former corporate attorney Anna
Santeramo, with services available in Los Angeles.
Pricing: Blowouts, $50; makeup, including lashes, $85;
men's cuts, $50; face painting, $50; 60-minute
massage, $120; 90-minute massage, $150.
Stlyeseat -
V Identification of opportunities,
challenges and signals
As we have already seen, market is extremely dynamic
and there are no barriers for new entries. Concerning
this situation, all marketers who think that their idea is
competitive and distinctive, are free to try their
chances. In this section of our research we will find key
priorities and issues. Also, we want to expand idea and
explore opportunities which are disposable to LBB
a) The Markets Priorities and Concerns
i) Pros and contra
Work within beauty industry could be interesting,
but complicated. Achieving the highest level of
16. 13
customer`s satisfaction is actually very hard task.
That is what makes beauty so intriguing.
What are the main goals of mobile apps for beauty
industry?
Instant gratification
Saving time (in some cases money)
Comfortable service – flexible time, place
Analyses has shown that positive reaction of customers,
created very heaty demand for various opportunities.
According to our research – online questionnaire, we
have made a list of reasons – pros and contras reasons
for using these kind of services
Observation: Although, the half of interviewed
customers declared as an application user, we need to
emphasize that locations were restricted mostly to L.A.
and NY. So, we can add as one of the reasons contra
these applications – geographical unavailability.
Pros Contras
Choice of Stylist Selected stylist not avail
On doorstep Prices are higher
Fast Service Lower quality
Online Service App troubleshoot
Tandem Service
ii) Opportunities
From this point of view, mobile beauty applications are
just beautiful solutions for ladies. If companies can
cover the whole market and banish some flaws, then
beauty on demand could become one of the leading
industry for opportunities in higher employment, as well
as fulfilling specific demands of customers.
After thorough analyses Little Blaque Book LLC has
discovered specific niche in this industry, which hasn`t
been exploited enough. The most of these applications
are offering general services for a wide audience.
Segmentation has been done to the type of services. As
an example, we can mention Manicube platform for
manicurist, or which offers an opportunity to
professionals who specialize in reflexology, gymnastics
and self-defense. On the other side, we have a different
characteristics which could be used for final
segmentation, such as timeframe for appointments. As
we know, on – demand service purports immediately
response or within few hours. There are many sites
which have an instant response such as or
which allow users to make last-minute
appointments at salons and fitness studios in various
cities. There are other examples where services can be
appointed only for tomorrow.
Finally, we have observed situation in the various
environments and have noticed increasing number of
customers for specific niches.
As we have already mentioned LBB plans to pay special
attention to providing services within specific market
17. 14
segment – women of color. Among African – American
women and other ethnic groups is present the same
trend related to fashion and beauty industry. They
accept very easy aspirational products such as Chanel
lipsticks or Versace perfume.
What is recognized as a problem among this group is
actually marginalization from mainstream magazines.
They spend billions of dollars, trying to find something
that works. Perhaps, trouble is about choice of
celebrities who pitch the cosmetics like Hale Berry,
Beyoncé or Rihanna who represent only a light-skinned
sliver of what the general population of African-
American women look like. When talking about hair –
style there are various choices, but the point is to offer
good service exactly for this group.
New chances for development of totally different
concept is recognized in two geographic locations – Bay
area and Atlanta. After brief analyses we can say that
market potential for new heights lay in the income of
the African American women within these regions.
Figure 2. African – American income in the past 35
years
iii) LBB’s Advantages
As we have seen from the previous, this whole idea has
become a wider than initial one. From this reason, we
are going to analyze only the advantages in the first
phase.
Offer for the specific market - LBB has been founded
by Ms. Thressa Pine-Smith, young entrepreneur woman
who has giant will for new and bright ideas in the
domain of better life for African – American women. She
recognized not only an issue about unsuitable offer for
this segment, but also the opportunity how to give a
unique solution for the busy women who want special
service for their skin or hair.
Women of color - Hair style
18. 15
Professionals for this segment - Why this solution is
not exploited yet? Probably the most of founders don`t
see enough potential in this segment or they can`t
provide adequate stylists or cosmeticians for them.
After analyses on every possible direction for
development LBB has created a single action plan to
gather all relevant professionals who can offer an
excellent service to the customers.
Friendly-user on – demand application – Regarding
that one of competitors in this segment –
betaurbanbeauty.com doesn`t have an application
yet, LLB plans to get fast into the market and offers the
best solution for the clients. With this application users
will be able to book their services within one hour and
to choose their favorite stylist.
Find the best stylist within this segment – and offer
their services at affordable prices. It`s one of the first
tasks. Also, it is considered as credo line for LBB. If we
look at customer`s reviews from various websites like
yelp.com or others, we will notice one characteristic –
there is no offer for all – in one. Customers often have
different expectations and if salon specializes in
African-American hair style, there are no many of
those who offer the best for all types, i.e. Just
Extensions – the average review is about 4.
After we have covered basis of this concept, there is a
small space for an extras.
In the future, plan is to go in the new markets as well
as roll – outs (barbers for men, spas or other centers
for relaxations).
If the market response is adequate and LBB gets more
signals from it, then future actions will be focused on
those specific demands.
b) Market Segment Challenges
Market for beauty on – demand applications is very
young. The first company has been founded in 2011.
Although, the whole idea of mobile beauty is not new.
We had similar activities during all these years,
especially in the celebrity’s world. Of course technology
advancement brought this new model to the simple
resolution. Customers have approach to photos and
previous work of the selected stylist, and after easy
tapping in three steps they are able to set up an
appointment.
Looking for adequate solution for its application, LBB
pays special attention to several competitors which
could be dangerous for her area of action.
i) Competitors
In the Bay area are operating more than 16 companies
with similar or the same purpose. Vênsette and
Glamsquad have the main roles in the nationwide
scene, but among local competition they have some of
the really strong rivals. In the chart below you will find
Bay area display for beauty – on – demand application.
19. 16
If we observe our targeted market of Atlanta city, we
will notice that companies from this sector don`t have
many intruders, but as the economy fuels demand for
beauty services this region could become more
attractive in the future.
Current competition in Atlanta has a very short
experience and time for development. Services are
limited and offer for black women is limited. Final plan
is to grow this market rapidly, because competition is
not that strong and potential lays in huge population of
African Americans.
ii) Alternatives
Major directions for a realization of the business
strategy are
1) Attracting the best professionals, 2) Developing
application and 3) Starting extensive marketing
campaign.
Back-out strategy is developed under predictions of the
alter circumstances. If we take for instance possibility
of not gaining funding for this start – up, there will be
always possibility to offer simple web platform which
don`t require huge amounts of money for its
maintenance. Organic growth through Social Media
campaigns and other not very expensive online
marketing tactics, will help in finding new sources of
income.
In the final stage LBB will find adequate partner or
angel.
iii) Technology
Technology advanced application with solid solution for
iOS or Android. It is a simple explanation of technology
platform, but application will come to the end of this
whole project.
Project is actually divided in three phases based on
development of technology`s solutions.
Pre – launch phase serves for a research, observations,
writing and developing strategies. In this phase is
necessary to detect all key facts which can resolve
issues for customers as well for the stylists. Basic
0
5
10
2014 2015
Chart 2. Beauty on-demand
applications in Bay Area
Vensette Glamsquad Stylebee Stlyleseat Others
20. 17
concept is already written, but market response, field
enquiries, and all other feedbacks will be crucial for the
final stage.
Grouping all data will be very important part for the
development because in this context, application will
become useful and marketing attractive.
Before Developing iOS and Android platform LLB has
developed www.littleblaquebook.com as own market
place. Supported with fancy design in WordPress our
blog-website has the first task to introduce the new
service. Links to Social Media profiles will be able to
connect an instant response for all FB or other users
who seek for this kind of information. Sharing through
SM will add special benefits for a promotion of LLB.
Creation and Development of the Platform is presented
in the short presentation below. All necessary details
will be available for readers on demand
Scope of Work
Customer App PLATFORM: IOS, ANDROID
A. Sign Up & Login 1. Ability to sign up/login via email
address or Facebook account. 2. Ability to enter OTP
(One time password) for verification. 3. Ability to view
and update personal profile.
B. Aggregation 1. Enabled geo fencing to track
customer’s location. 2. Ability to enter service location
manually or by dropping pin on map. 3. Ability to select
service: Hair Styling, Makeup, Hair Cut, Nails, Hair Color
etc. 4. Ability view price and duration of service. 5.
Ability to add instructions for artists. 6. Ability to place
instant service requests. 7. Ability to schedule service
requests for later time and date: a. List view of available
artists. b. Ability to view each artist profile, their review
and ratings, available time and date slots. c. Ability to
select an artist and schedule appointment.
C. Scheduler 1. Ability to view scheduled bookings,
cancel/edit them.
D. Promo 1. Ability to avail promo codes and referral
bonus benefits.
E. Matching 1. Beauty artist will be assigned
automatically in case of instant service requests. 2.
21. 18
Ability to view allocated artist’s profile. 3. Ability to
call/SMS the artist.
F. Notifications 1. Ability to get real time emails/push
notifications: a. Service request accepted b. Artist
details c. Job status update like artist on the way, artist
arrived, service started, service completed. d.
Promotions
H. Payment 1. Ability to add credit card details
manually or by scanning the card (requires card.io
integration). 2. Ability to make payments easily through
integration of Stripe.
I. Review 1. Ability to provide rating and feedback to
artists through a questionnaire
J. Others 1. Ability to view payment history, booking
history.
Artist App PLATFORM: IOS, ANDROID
A. Sign Up & Login 1. Ability to sign up/login via email
address and phone number. 2. Ability to enter OTP (one
time password) for verification. 3. Ability to upload
relevant documents for approval from service owner
admin panel.
B. Aggregation 1. Ability to receive service requests.
2. Ability to view service details. 3. Ability to
accept/reject requests. 4. Ability to provide reason for
rejection.
C. Scheduler 1. Ability to view upcoming bookings,
cancel/edit them.
D. Promo 1. Ability to avail referral bonus benefits.
E. Matching 1. Ability to view customer’s profile. 2.
Ability to call/SMS the customer.
F. Notifications 1. Ability to get emails/push
notifications: a. Service requests b. Service details
C. Cancellations
G. Payment 1. Ability to view and manage payments.
H. Review 1. Ability to provide rating and feedback to
customer.
22. 19
I. Others 1. Ability to update job status as arrived, start
service/stop service, left. 2. Ability to view job history,
payment history.
Service Owner Admin Panel PLATFORM: WEB
A. Aggregation 1. Ability to manage all users:
customers and artists on one platform. a. Ability to view
registered users. b. Ability to verify, approve and add
new artists. c. Ability to edit/delete user profiles.
2. Ability to manage pricing and services: A. Ability to
set/edit price for services. B. Ability to add/edit services
offered.
3. Ability to add/edit questionnaire for customer review
and feedback.
B. Schedule 1. Ability to view list of scheduled
appointments, cancel/edit them.
C. Promo 1. Ability to set/edit promo codes, referral
bonus and discount benefits.
D. Notifications 1. Ability to send emails/push
notifications to customers and artists for service
requests, payments, offers, feedback, etc.
E. Tracking 1. Ability to track real time location of each
artist and view ETA (Estimated Time of Arrival) to
service location.
F. Payments 1. Ability to manage payments.
G. Review 1. Ability to view ratings and feedbacks
provided by customers and artists.
H. Reporting 1. Ability to generate reports on
monthly/weekly basis for analysis.
I. Others 1. Ability to view payment history, job
history.
VI Company Analysis
Little Blaque Book LLC is a young start – up company
founded in 2016. Co-founder and CEO Ms. Pine-Smith
wanted to spread her idea of providing useful solutions
for American – African women and other groups of
customers who have similar issues to find an excellent
service for their needs related to beauty.
Company`s ownership is regulated by the Law of the
U.S.A. This firm is constituted as LLC with co-founders
– Ms. Pine-Smith and Mr. Chisum. Both of them have
23. 20
experience in sales, tertiary sector and Mr. Chisum is IT
expert which will be extra benefit for the organization
and development of application. Start – up is a just
definition for the company`s market position. That
doesn`t mean totally unexperienced player. One of the
key factors is networking of her employees, previous
experience and very skillful management. Advantages
of the team, lay in agility and diversified skills. We will
present just an outlook and give fundamental analysis
on their organization and operations. Trademark and
mobile app registration. Organization structure has
been developed as a hybrid. Reason for this is probably
complexity and nature of business. Technological and
geographical diversity, are crucial motivators for
success. Winning competitors in such turbulent
environment couldn`t be possible without flexible
organization. In the chart below is presented
organization structure
Figure 2. Organization chart of Little Blaque Book
LLC
Beauty industry is a workforce intensive field. As we
already have seen a lot of freelancers are available for
potential employment and LBB has planned to create its
own recognized trademark which will attract the most
of professionals working in this segment. In the first
stage of development, team leaders from two regions
collect list of potential stylists and start with recruitment
process. After finalizing lists they will be integrated to
database which will be available for potential customers
via platform. Finally, there will be photo video catalogue
and really interesting offer for all customers.
Other sectors are organized in the standard form, sales
and marketing, operations and HR.
After research about organizations in this sector as well
as other similar industries, we revealed true necessity
of hybrid concept.
As for the matter of operations they have inclined to
become core part of the organization. Operations
comprise all segments of functional structure except
Sales and Marketing and HR sector. Importance of
operations descends from a moment of gathering IT
architecture with Customer Service. Entire business is
based on this platform. Well – timed answer to customer
requests is the key of success and that makes an
excellent management system.
For a start – up which tends to grow rapidly, this
structure could be not only an advantage, but the only
solution.
VII Market Risk vs. Reward Analysis
CEO
Sales and
Marketing
Director
Marketing
Manager
Customer
Service
Operations
Director
Finance Manager
IT Manager
HR Director
Project
Manager
Team Leader
BA
Team Leader AC
???
24. 21
Analysis of market opportunities and challenges
combined with very high – sensitive internal structure,
gave us one very important conclusion.
– Reward could be huge, if apps starts running
successful. Risk is great, but it could be controlled.
During pre-launch phase, we were observing how
market could react to new idea. Responses are
satisfactory. Through this stage, costs of investment are
not really high and market potential is possible to
measure by various campaigns. Social Media as well as
social events are good opportunities to collect data for
the future action. What is the main advantage?
Online marketing campaigns are easy – accessible and
low – cost, but very effective. Tools which could be used
from online marketing are the major instruments for
measuring reaction of the targeted audience. General
advice is that observations from a campaign, could be
used for the future actions.
If the response of potential customers can achieve 53%,
company will be on the break-even point. By using
intensive marketing promotion this point can be
surpassed easily.
Reward aspects are various.
Income
Creative business
Highly – responsive market
Flexible organization
Risk factors:
Low barriers for entry
Relatively high costs of IT ops
Unpredictable fragmentation
Difficulties with fragmented market and competition will
be predicted by expert marketing managers. Their
precise radars will be able to track even the smallest
changes and to prepare for reactions.
Costs of IT development will be lower as soon as
application reach more than 1500 requests monthly.
VIII Preliminary Recommendations
Research on various aspects of the market flows gives
a wide range of opportunities for LBB.
As for the future steps we created list of usual
recommendations for each field of activity:
1) Target Stylists
Company has a fashionable design and super
modern layout. In this context, stylists should be
chosen according to the same principles. Stylists
for certain market segment with the best offer
and available for response immediately. They
have to be adequate response to all demands of
the market. Where to find this kind of
professionals? Among freelancers who need more
promotion, who are willing to improve
themselves through team work and like to share
25. 22
their creative ideas. Company has to pay
attention to different methods of selection. Even,
if they are dealing with less experienced
freelancer, there is no reason to neglect a good
chance for cooperation.
2) Target Regions
Probably the easiest question to give a
recommendation is the choice of regions. For a
start Bay area and Atlanta city seem as an
excellent choice.
In the future it is a possible to get into some other
areas. Prospect of rapid growth works for
3) Target Market Segments
The core idea of LBB is offering mobile beauty
services for women of color. Creating an
extraordinary offer is something which will attract
an audience very quickly. Using advices from
professionals and experts for beauty and care
could be extra benefit. Blog with advices from
these experts could be additional benefit. After
women of color, LBB will try to attract other
market segments i.e. men.
4) Advertising Channels
Marketing strategy will be based on two main
directions. The first method will be digital
marketing with all available such as SMM, SEO,
email campaigns, blogging etc. The second one
but not less important is conventional marketing
especially event marketing, promotions and
leaflets.
5) Other Marketing Channels
Alternative marketing channels are various, with
accent on word – mouth, reviews and other
onsite promotion models.
For the final word, we would like to emphasize
importance of all distributions channels.
Promotion and marketing is the best, if customers
are satisfied. According to words of some
companies, retention rate is very high, in some
cases 100%.
Finally, we can add that expansion of these
services will make particular changes in the
market segmentation. This should be great
opportunity, because LBB`s concept don`t have
high pressure from the competition. It will give
enough time for achieving the final goal – 3%
market share.