This week’s topics
Market segmentation and evaluating target segments
- Market segments, targeting and branding positioning: definitions, features, criteria, usefulness, adjustability in changed market and organisational contexts
- Methods of consumer market segmenting, e.g. demographic, geographic, behavioural, psychographic, benefit, cultural, multi-variable account
- Targeting strategies, e.g. mass marketing, direct marketing, niche marketing, differentiated market targeting strategies
- Profiling markets: profitability potential, revenue potential, market share potential
What you will be able to do
- 3.1 Critically explore market segments for an organisational context.
- 3.2 Evaluate targeted segments for an organisational context.
Study materials
The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.