The document discusses marketing segmentation, targeting, and positioning. It first describes the steps in segmentation as listing potential market segments and selecting which to target. Targeting involves customizing campaigns for each segment. Positioning aligns a brand to offer value compared to competitors in a particular segment. The document then provides an example analysis of Apple's iPhone X, identifying strengths like brand equity, weaknesses like high cost, and opportunities in growing markets. It outlines SMART objectives to increase sales and satisfaction. Segmentation, targeting, and positioning strategies are proposed for launching the iPhone X.
Assimilated a retail marketing plan that was centered around a department store that sells high quality clothing merchandise. This marketing plan was developed by my team at Old Dominion University during my junior year. It included the retail format, target market, market analysis, SWOT analysis of the market, a competitive analysis, a competitive advantage, a retail strategy, store management, and a financial projection.
Learn about the 4Ps of Marketing and how to apply them as a marketing strategy.
See the full article at https://www.creative-asset.co.uk/insights/4ps-of-marketing-mix
Assimilated a retail marketing plan that was centered around a department store that sells high quality clothing merchandise. This marketing plan was developed by my team at Old Dominion University during my junior year. It included the retail format, target market, market analysis, SWOT analysis of the market, a competitive analysis, a competitive advantage, a retail strategy, store management, and a financial projection.
Learn about the 4Ps of Marketing and how to apply them as a marketing strategy.
See the full article at https://www.creative-asset.co.uk/insights/4ps-of-marketing-mix
8 Ps of Marketing: The Secret Mix for E-Commerce Competitive AdvantageInverse Design
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The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place. However, nowadays, the marketing mix increasingly includes several other Ps like Packaging, Positioning, People and even Politics as vital mix elements.
8 Ps of Marketing: The Secret Mix for E-Commerce Competitive AdvantageInverse Design
How brands can use all elements of the 8ps of service marketing to create an e-commerce competitive advantage, ruling the market in their industry online.
The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place. However, nowadays, the marketing mix increasingly includes several other Ps like Packaging, Positioning, People and even Politics as vital mix elements.
Presentation is about the market strategy and STP process of Apple incorporation with SWOT analysis report.
it includes the history and introduction of apple incorporations and their working and goals and objectives and its CRM techniques.
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Analyze the Benefits and Challenges of Global Marketing
Explore Effective Execution of Global Marketing Strategies
Develop Strategic Global Marketing Plans
Evaluate Different Types of Marketing Strategies
Understand the Role of E-commerce in Global Marketing
Appreciate the Importance of Localization and Global Standardization
Develop Adaptability and Agility in Global Marketing
Enhance Competitive Advantage in Global Markets
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The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
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2. 1. Segmenting
• The segmenting step is essentially a brainstorming
activity.
• List out all the potential market segments you could
target in a marketing campaign.
• Niche companies sometimes have only one target
market, while other businesses may have five or 10
possible segments, or more.
2. Targeting
• When you have multiple, distinct market segments, you
typically need to customize marketing campaigns that
appeal to each.
• Select which segment to target with your upcoming
campaign.
3. Positioning
• Positioning is how you align your brand or products in the
target market.
• The goal is to offer something that is bigger, better or
more valuable than your competitors to a particular
market segment.
• Your positioning serves as your big-picture guide in
building your marketing campaign.
Waseem Shaikh
3. Importance
Segmentation
splits buyers into
groups with
similar needs and
wants to best
utilize a firm's
finite
resources throug
h buyer based
marketing.
Attract the right
customer.
Reduce risk in
deciding where,
when, how, and
to whom a
product will be
marketed.
Increase
marketing efficie
ncy by directing
effort specifically
toward the
designated
segment in a
manner
consistent with
that segment's
characteristics.
Helps
in customer
retention.
Customer delight
Reduce the
cost of the
company by not
marketing the
product where its
not required.
Waseem Shaikh
4. APPLE I-phone X
• Apple Inc. is one of the most reputed brands in
the history of Smartphone market.
• With the help of its I-Phone product, the
company becomes one of the leading
organizations in the modern day environment
dominated extensively by the technologies.
• The huge impact in the contemporary
Smartphone industry makes I-Phone the
bestselling product as part of Apple.
Waseem Shaikh
5.
6. SWOT
Analysis
Strengths
• Apple is recognized as a brand that
always keeps their promise.
Therefore, it possesses strong brand
equity.
• Innovative thought process allows
Apple to develop unique products.
• Apple iPhone utilize most updated
and advance for of software.
• This allows Apple to create very user
friendly devices
Weaknesses
• All the Apple products are very
costlier as compared to any other
competitors.
• As a result, it restricts many people
from purchasing the product.
• iPhone maintain a consistent design.
Therefore, it lacks variety to attract
more customers.
Opportunities
• The popularity of the smart phone is
growing every day. It provides huge
potential market for Apple to
penetrate.
• Currently, iPhone has restricted its
business in the urban areas.
• Therefore, there is still lot of market
are there for Apple to cover for the
business expansion
Threats
• Android operating system is the most
obvious threat for Apple.
• Google has able to create massive
impact on the businesses of the
mobile worldwide.
• Several other organizations like
Samsung, Motorola, etc. are also
created huge impact on the mobile
businesses.
Waseem Shaikh
7. SMART objective
Specific
Increase the popularity of the iPhone’s all across the globe.
Improve brand strength even further.
Measurable
Increase sales by up to 10%
Increase satisfaction level of the customer by 25%
Achievable
Motivate potential customers to purchase iPhoneX.
Improve customer service process to enhance the motivational level of the
customers.
Relevant
Target untouched rural markets from all across the world in order to enhance
the sales volume
Implement effective marketing strategy to attract new customers.
Time-bound
Prime focus will be to increase the sales volume within three months after the
launch of the iPhoneX.
Waseem Shaikh
8. Segmentation
• In the segmentation methods, the organization focuses on the
characteristics of the customers in the society.
• Apple mostly targets business professionals as their primary
customers.
• By launching the Apple I-phone X, the organization tries to
engage the business professionals, teenagers, and people from
higher-middle class society
• Moreover, the organization would engage the geographical
segmentation along with systematic behaviours for the
enhancement of the segmentation methods
Waseem Shaikh
9. Targeting
• The market profile for new I-phone X will target both domestic
and international customers.
• Apple specially targets high and middle class society for their
product promotion.
• The CEO of the organization has discussed that I-phone X will be
packed up with attractive features including high performance,
enhanced camera and better display.
• Consequently, they are going to target the age group of 25-30
year for the promotion of products.
Waseem Shaikh
10. Positioning
• Apple I-phone X tries to
employ to meet the
requirement of loyal
customers in the society.
• However, the marketing
team has decided to engage
new customers for I-phone
X, as it would facilitate them
in expanding business
opportunity in an efficient
manner.
• The organization will be
positioning their market
based on the aggressive
marketing strategy.
Waseem Shaikh