SlideShare a Scribd company logo
Prof Prashant Kumar Gupta
Jain College Of MBA & MCA
Mass Marketing
 Seller engages in mass production
 There is mass distribution
 Mass promotion to all buyers
 It creates large potential market
 This leads to low cost and high margin
 But these days rising prices of advertisement and

distribution is making it difficult
Micro-Marketing
Segment
Marketing

Customerisation

Micro
Marketing

Local Marketing

Niche Marketing
Micro Marketing
:Segment Marketing
Market Segment consists of consumers who share
similar
Key Benefits:- set of needs and wants

• Better design of the product
• Better price
Sector and segment are different, for
•eg:Better Indian middle class is a sector
Young delivery of product or service
• Better marketing activities
 Segment is identified not created
Defining Market Segments
Homogeneous
Preference

• Roughly same preference
• No natural segments

Diffused
Preference

• Preference may be scattered
• Several brands exist

Clustered
Preference

• Distinct preferences
• Natural market segments exist
Micro Marketing
:Niche Marketing
Narrowly defined customer group seeking a distinctive mix
Companies in niche of benefits
marketing:-

• Are found in stable market
• Family owned or segments into
 Identified by dividingclosely held sub segments
• Long Lived
 Customer in niche has a distinctive set of needs
• Offer superior performance
• and is ready to Servicepremium for it.
Responsive pay a
• Punctual delivery
 Niche is usually small and attracts only a few
• Customer Cream focused on cracked heels
 Eg: Crack SR Intimacy
Micro Marketing
:Local Marketing
 Serving to tailored needs and wants of local customer

groups( trading areas, neighbourhood, individual
stores, etc.)
 Local Marketing reflects a growing trend called

grassroots marketing where marketing activities are
focused on getting close to individual customers.
Eg: Nike sponsors local school sports teams
Micro Marketing
:Customerisation
 One-To-One Marketing
 Companies allow individuals to customise their

products
 Major advantage is that no information is required

about the customer
 However product may be hard to repair and may cost

more.
THANK YOU…!

More Related Content

What's hot

Marketing mix
Marketing mixMarketing mix
Marketing mix
Byju Antony
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviourShashi Shekhar
 
Introduction - Marketing Research
Introduction - Marketing ResearchIntroduction - Marketing Research
Introduction - Marketing Research
viveksangwan007
 
Marketing targeting & positioning
Marketing targeting & positioningMarketing targeting & positioning
Marketing targeting & positioningEdz Gapuz
 
Marketing Philosophies or Concepts
Marketing Philosophies or ConceptsMarketing Philosophies or Concepts
Marketing Philosophies or Concepts
Amitabh Mishra
 
Direct and online marketing
Direct and online marketing Direct and online marketing
Direct and online marketing
ravneetubs
 
Effective Segmentation Criteria
Effective Segmentation CriteriaEffective Segmentation Criteria
Effective Segmentation Criteria
Sudipta Saha
 
Market targeting
Market targetingMarket targeting
Market targeting
Trinity Dwarka
 
Consumer Decision Making Process
Consumer Decision Making ProcessConsumer Decision Making Process
Consumer Decision Making Process
unnati shah
 
Service marketing mix or 7Ps of Services
Service marketing mix or 7Ps of ServicesService marketing mix or 7Ps of Services
Service marketing mix or 7Ps of Services
Amitabh Mishra
 
Market Segmentation Overview
Market Segmentation OverviewMarket Segmentation Overview
Market Segmentation Overviewbjk002
 
Service market segmentation and targeting
Service market segmentation and targetingService market segmentation and targeting
Service market segmentation and targeting
Manvi Sehgal
 
Selling Theories.
Selling Theories.Selling Theories.
Selling Theories.Rohit Patel
 
Training, Motivating, Compensating, and Leading the Salesforce
Training, Motivating, Compensating, and Leading the SalesforceTraining, Motivating, Compensating, and Leading the Salesforce
Training, Motivating, Compensating, and Leading the Salesforce
Sameer Chandrakar
 
Difference between Marketing & Selling
Difference between Marketing  & SellingDifference between Marketing  & Selling
Service marketing- customer relationship management
Service marketing- customer relationship managementService marketing- customer relationship management
Service marketing- customer relationship management
sksbatish
 
Basic concepts-of-marketing
Basic concepts-of-marketingBasic concepts-of-marketing
Basic concepts-of-marketingTuul Narantuya
 
Market Segmentation Targeting And Positioning
Market Segmentation Targeting And PositioningMarket Segmentation Targeting And Positioning
Market Segmentation Targeting And Positioning
Waseem Jhat
 

What's hot (20)

Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviour
 
Introduction - Marketing Research
Introduction - Marketing ResearchIntroduction - Marketing Research
Introduction - Marketing Research
 
Marketing targeting & positioning
Marketing targeting & positioningMarketing targeting & positioning
Marketing targeting & positioning
 
Marketing Philosophies or Concepts
Marketing Philosophies or ConceptsMarketing Philosophies or Concepts
Marketing Philosophies or Concepts
 
Direct and online marketing
Direct and online marketing Direct and online marketing
Direct and online marketing
 
Effective Segmentation Criteria
Effective Segmentation CriteriaEffective Segmentation Criteria
Effective Segmentation Criteria
 
Market targeting
Market targetingMarket targeting
Market targeting
 
Integrated marketing communication
Integrated marketing communicationIntegrated marketing communication
Integrated marketing communication
 
Consumer Decision Making Process
Consumer Decision Making ProcessConsumer Decision Making Process
Consumer Decision Making Process
 
Service marketing mix or 7Ps of Services
Service marketing mix or 7Ps of ServicesService marketing mix or 7Ps of Services
Service marketing mix or 7Ps of Services
 
Market Segmentation Overview
Market Segmentation OverviewMarket Segmentation Overview
Market Segmentation Overview
 
Service market segmentation and targeting
Service market segmentation and targetingService market segmentation and targeting
Service market segmentation and targeting
 
Selling Theories.
Selling Theories.Selling Theories.
Selling Theories.
 
Training, Motivating, Compensating, and Leading the Salesforce
Training, Motivating, Compensating, and Leading the SalesforceTraining, Motivating, Compensating, and Leading the Salesforce
Training, Motivating, Compensating, and Leading the Salesforce
 
market segmentation benefits
market segmentation benefitsmarket segmentation benefits
market segmentation benefits
 
Difference between Marketing & Selling
Difference between Marketing  & SellingDifference between Marketing  & Selling
Difference between Marketing & Selling
 
Service marketing- customer relationship management
Service marketing- customer relationship managementService marketing- customer relationship management
Service marketing- customer relationship management
 
Basic concepts-of-marketing
Basic concepts-of-marketingBasic concepts-of-marketing
Basic concepts-of-marketing
 
Market Segmentation Targeting And Positioning
Market Segmentation Targeting And PositioningMarket Segmentation Targeting And Positioning
Market Segmentation Targeting And Positioning
 

Similar to Micro Marketing

Segmentation
Segmentation Segmentation
Segmentation
Lorna Ramasawmy
 
Marketing & social media marketing
Marketing & social media marketingMarketing & social media marketing
Marketing & social media marketing
Karim Soliman
 
Marketing segmentation, Needs , Basics of segmentation
Marketing segmentation, Needs , Basics of segmentationMarketing segmentation, Needs , Basics of segmentation
Marketing segmentation, Needs , Basics of segmentation
BeastMahi1
 
Customer driven marketing strategy, creating value for target
Customer driven marketing strategy, creating value for targetCustomer driven marketing strategy, creating value for target
Customer driven marketing strategy, creating value for targetMayanka Singh
 
Chapter 7: Segmenting, Targeting & Positioning
Chapter 7: Segmenting, Targeting & PositioningChapter 7: Segmenting, Targeting & Positioning
Chapter 7: Segmenting, Targeting & Positioning
Cheenee Adorna
 
Market segmentation
Market segmentationMarket segmentation
Market segmentation
Chandan Singh
 
Manajemen Pemasaran: Managing Profitable Customer Relationships
Manajemen Pemasaran: Managing Profitable Customer RelationshipsManajemen Pemasaran: Managing Profitable Customer Relationships
Manajemen Pemasaran: Managing Profitable Customer Relationships
Muhammad Fajar
 
How to choose the most attractive target markets.
How to choose the most attractive target markets.How to choose the most attractive target markets.
How to choose the most attractive target markets.
Sameer Mathur
 
Session 11 MG 220 MBA - 27 Sep 10
Session 11  MG 220 MBA - 27 Sep 10Session 11  MG 220 MBA - 27 Sep 10
Session 11 MG 220 MBA - 27 Sep 10
Muhammad Talha Salam
 
Session 12 MG 220 BBA - 27 Sep 10
Session 12  MG 220 BBA - 27 Sep 10Session 12  MG 220 BBA - 27 Sep 10
Session 12 MG 220 BBA - 27 Sep 10
Muhammad Talha Salam
 
Chpt 6 marketing
Chpt 6 marketingChpt 6 marketing
Chpt 6 marketing
Beyer_Cuesta
 
Segmentation targeting and positioning
Segmentation targeting and positioningSegmentation targeting and positioning
Segmentation targeting and positioning
Jorge Baraybar Cardini
 
Marketing segmentation
Marketing segmentationMarketing segmentation
Marketing segmentation
Utkarsh Bisht
 
Segmentation and targeting
Segmentation and targetingSegmentation and targeting
Segmentation and targeting
Fahim Muntaha
 
Market segmentation positioning
Market segmentation positioningMarket segmentation positioning
Market segmentation positioningVaibhavi Dalvi
 
MM Module 1.pdf
MM Module 1.pdfMM Module 1.pdf
MM Module 1.pdf
masanjansetty
 
Harris Media Direct Marketing Webinar 2010
Harris Media Direct Marketing Webinar 2010Harris Media Direct Marketing Webinar 2010
Harris Media Direct Marketing Webinar 2010
GayleHarrisEvans
 
Presentation principles of marketing presentation
Presentation principles of marketing presentationPresentation principles of marketing presentation
Presentation principles of marketing presentation
University of Dhaka
 

Similar to Micro Marketing (20)

Segmentation
Segmentation Segmentation
Segmentation
 
Marketing & social media marketing
Marketing & social media marketingMarketing & social media marketing
Marketing & social media marketing
 
Marketing segmentation, Needs , Basics of segmentation
Marketing segmentation, Needs , Basics of segmentationMarketing segmentation, Needs , Basics of segmentation
Marketing segmentation, Needs , Basics of segmentation
 
Customer driven marketing strategy, creating value for target
Customer driven marketing strategy, creating value for targetCustomer driven marketing strategy, creating value for target
Customer driven marketing strategy, creating value for target
 
Chapter 7: Segmenting, Targeting & Positioning
Chapter 7: Segmenting, Targeting & PositioningChapter 7: Segmenting, Targeting & Positioning
Chapter 7: Segmenting, Targeting & Positioning
 
Market segmentation
Market segmentationMarket segmentation
Market segmentation
 
Manajemen Pemasaran: Managing Profitable Customer Relationships
Manajemen Pemasaran: Managing Profitable Customer RelationshipsManajemen Pemasaran: Managing Profitable Customer Relationships
Manajemen Pemasaran: Managing Profitable Customer Relationships
 
How to choose the most attractive target markets.
How to choose the most attractive target markets.How to choose the most attractive target markets.
How to choose the most attractive target markets.
 
Session 11 MG 220 MBA - 27 Sep 10
Session 11  MG 220 MBA - 27 Sep 10Session 11  MG 220 MBA - 27 Sep 10
Session 11 MG 220 MBA - 27 Sep 10
 
Session 12 MG 220 BBA - 27 Sep 10
Session 12  MG 220 BBA - 27 Sep 10Session 12  MG 220 BBA - 27 Sep 10
Session 12 MG 220 BBA - 27 Sep 10
 
Market segmentation
Market segmentationMarket segmentation
Market segmentation
 
Chpt 6 marketing
Chpt 6 marketingChpt 6 marketing
Chpt 6 marketing
 
Segmentation targeting and positioning
Segmentation targeting and positioningSegmentation targeting and positioning
Segmentation targeting and positioning
 
Armstrong9e 06
Armstrong9e 06Armstrong9e 06
Armstrong9e 06
 
Marketing segmentation
Marketing segmentationMarketing segmentation
Marketing segmentation
 
Segmentation and targeting
Segmentation and targetingSegmentation and targeting
Segmentation and targeting
 
Market segmentation positioning
Market segmentation positioningMarket segmentation positioning
Market segmentation positioning
 
MM Module 1.pdf
MM Module 1.pdfMM Module 1.pdf
MM Module 1.pdf
 
Harris Media Direct Marketing Webinar 2010
Harris Media Direct Marketing Webinar 2010Harris Media Direct Marketing Webinar 2010
Harris Media Direct Marketing Webinar 2010
 
Presentation principles of marketing presentation
Presentation principles of marketing presentationPresentation principles of marketing presentation
Presentation principles of marketing presentation
 

More from Prashant Kumar Gupta (20)

Why study Financial Management
Why study Financial ManagementWhy study Financial Management
Why study Financial Management
 
Marketing Audit
Marketing AuditMarketing Audit
Marketing Audit
 
Marketing Organisation
Marketing OrganisationMarketing Organisation
Marketing Organisation
 
Publicity
PublicityPublicity
Publicity
 
Personal Selling
Personal SellingPersonal Selling
Personal Selling
 
Direct Marketing
Direct MarketingDirect Marketing
Direct Marketing
 
Sales Promotion
Sales PromotionSales Promotion
Sales Promotion
 
Advertising
AdvertisingAdvertising
Advertising
 
Marketing Planning
Marketing PlanningMarketing Planning
Marketing Planning
 
Introduction to IMC
Introduction to IMCIntroduction to IMC
Introduction to IMC
 
Packaging and Labeling
Packaging and LabelingPackaging and Labeling
Packaging and Labeling
 
Pricing Decisions
Pricing DecisionsPricing Decisions
Pricing Decisions
 
Branding
BrandingBranding
Branding
 
Product Decisions
Product DecisionsProduct Decisions
Product Decisions
 
Positioning
PositioningPositioning
Positioning
 
Market Targeting
Market TargetingMarket Targeting
Market Targeting
 
Market Segmentation
Market SegmentationMarket Segmentation
Market Segmentation
 
Consumer Protection Act
Consumer Protection ActConsumer Protection Act
Consumer Protection Act
 
Organisational Buying
Organisational BuyingOrganisational Buying
Organisational Buying
 
Types of Consumer Buying Decision
Types of Consumer Buying DecisionTypes of Consumer Buying Decision
Types of Consumer Buying Decision
 

Recently uploaded

kitab khulasah nurul yaqin jilid 1 - 2.pptx
kitab khulasah nurul yaqin jilid 1 - 2.pptxkitab khulasah nurul yaqin jilid 1 - 2.pptx
kitab khulasah nurul yaqin jilid 1 - 2.pptx
datarid22
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
Reflective and Evaluative Practice PowerPoint
Reflective and Evaluative Practice PowerPointReflective and Evaluative Practice PowerPoint
Reflective and Evaluative Practice PowerPoint
amberjdewit93
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
Priyankaranawat4
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
camakaiclarkmusic
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
Wasim Ak
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
RitikBhardwaj56
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
taiba qazi
 
MERN Stack Developer Roadmap By ScholarHat PDF
MERN Stack Developer Roadmap By ScholarHat PDFMERN Stack Developer Roadmap By ScholarHat PDF
MERN Stack Developer Roadmap By ScholarHat PDF
scholarhattraining
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Academy of Science of South Africa
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
IreneSebastianRueco1
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Akanksha trivedi rama nursing college kanpur.
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
deeptiverma2406
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
eBook.com.bd (প্রয়োজনীয় বাংলা বই)
 

Recently uploaded (20)

kitab khulasah nurul yaqin jilid 1 - 2.pptx
kitab khulasah nurul yaqin jilid 1 - 2.pptxkitab khulasah nurul yaqin jilid 1 - 2.pptx
kitab khulasah nurul yaqin jilid 1 - 2.pptx
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
Reflective and Evaluative Practice PowerPoint
Reflective and Evaluative Practice PowerPointReflective and Evaluative Practice PowerPoint
Reflective and Evaluative Practice PowerPoint
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
 
MERN Stack Developer Roadmap By ScholarHat PDF
MERN Stack Developer Roadmap By ScholarHat PDFMERN Stack Developer Roadmap By ScholarHat PDF
MERN Stack Developer Roadmap By ScholarHat PDF
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
 

Micro Marketing

  • 1. Prof Prashant Kumar Gupta Jain College Of MBA & MCA
  • 2. Mass Marketing  Seller engages in mass production  There is mass distribution  Mass promotion to all buyers  It creates large potential market  This leads to low cost and high margin  But these days rising prices of advertisement and distribution is making it difficult
  • 4. Micro Marketing :Segment Marketing Market Segment consists of consumers who share similar Key Benefits:- set of needs and wants • Better design of the product • Better price Sector and segment are different, for •eg:Better Indian middle class is a sector Young delivery of product or service • Better marketing activities  Segment is identified not created
  • 5. Defining Market Segments Homogeneous Preference • Roughly same preference • No natural segments Diffused Preference • Preference may be scattered • Several brands exist Clustered Preference • Distinct preferences • Natural market segments exist
  • 6. Micro Marketing :Niche Marketing Narrowly defined customer group seeking a distinctive mix Companies in niche of benefits marketing:- • Are found in stable market • Family owned or segments into  Identified by dividingclosely held sub segments • Long Lived  Customer in niche has a distinctive set of needs • Offer superior performance • and is ready to Servicepremium for it. Responsive pay a • Punctual delivery  Niche is usually small and attracts only a few • Customer Cream focused on cracked heels  Eg: Crack SR Intimacy
  • 7. Micro Marketing :Local Marketing  Serving to tailored needs and wants of local customer groups( trading areas, neighbourhood, individual stores, etc.)  Local Marketing reflects a growing trend called grassroots marketing where marketing activities are focused on getting close to individual customers. Eg: Nike sponsors local school sports teams
  • 8. Micro Marketing :Customerisation  One-To-One Marketing  Companies allow individuals to customise their products  Major advantage is that no information is required about the customer  However product may be hard to repair and may cost more.