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Segmentation, Targeting,

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What are the fundamental differences between business and consumer buyers? ... soft-drink consumers who have little time for sleep, Mountain Dew is the soft ... – PowerPoint PPT presentation

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Title: Segmentation, Targeting,


1
Segmentation, Targeting, Positioning Discussion
Questions ( Some Wrap Up)
  • October 3 Class Topics Questions

2
Discuss
  • What are the fundamental differences between
    business and consumer buyers?
  • Are there similarities between business and
    consumer buyers, if so what are they?

3
Anderson and Narus Discuss
  • Evaluate the statement.  The best way to get or
    keep a business customer is to be the lowest cost
    provider of the good or service.
  • What does customer value mean in business
    markets?  How is customer value assessed in
    business markets?
  • What is transparency?  How important is
    transparency in building customer value models?

4
Anderson and Narus Discuss
  • What role does accounting play in building
    customer value models?
  • Why are customer relationships important in
    building customer value models?
  • How can the business market be segmented based
    upon customer value models?  How important do you
    think Anderson and Narus think mass customization
    is to business markets?  How is mass
    customization achieved?

5
Ghose and Lowengart -- Discuss
  • How are brand positioning strategies developed?
  • Why are positioning statements important?
  • How do positioning statements relate to targeting
    decisions?

6
Ghose and Lowengart -- Discuss
  • What are multi-dimensional scaling techniques?
  • What do the authors mean when they say there is
    little work, however, that has tried to uncover
    the latent competitive market structure that
    exists in consumers mind?
  • How are taste tests used?

7
Ghose and Lowengart -- Discuss
  • What can we learn by using perceptual maps?
  • What specifically can we learn from the
    perceptual map in Figure 1? How would you use
    this information in your marketing strategy? How
    would you positioning yourself in your Brand F?
    Brand C?
  • Positioning statement framework and example
  • To (target group and need) our (brand) is
    (concept) that (point-of-difference)
  • Example To young, active soft-drink consumers
    who have little time for sleep, Mountain Dew is
    the soft drink that gives you more energy than
    any other brand because it has the highest level
    of caffeine.

8
Ghose and Lowengart -- Discuss
  • What are preference maps and how are they
    developed?
  • How can I use the information in preference
    mapping?
  • How easy do you think it is to change a
    consumers ideal point?

9
Wind Technology Discuss
  • What product does Wind Technology offer? What
    value does the product offer to the marketplace?
  • Should Wind Technology compete in the HVPS
    market? Explore the advantages and
    disadvantages.
  • Which segments should the company target?
  • How should the company and its product be
    positioned?
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