Created by Alex Millar
over 8 years ago
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What are the four steps in designing a customer driven market strategy?
What is a market?
What are the requirements for a market?
Why are these all important factors
What else is an important element to note about markets?
What are the reasons for doing market segmentation anyway
What are the reasons for doing market segmentation anyway
what is the order of the steps in developing this customer driven market strategy
What is the order of the steps in developing this customer driven market strategy?
What's the end goal of this whole process?
What is market segmentation?
What are the forms of segmentation
What does no segmentation mean?
What is single variable segmentation?
What is multi variable segmentation
What do most organisations do during this process
Give an example of a company that used/uses mutli variable segmentation
Segmentation Bases for customer markets
What does geographic segmentation involve?
Give an example of somebody who uses geographic segmentation
What does demographic segmentation involve?
Are there any problems with this?
What are the stages of the family life cycle
What is geodemographic segmentation
What is psychographic segmentation?
What is behavioural segmentation?
What are some behavioural segmentation bases?
How can we segment Business markets
What are the demographic factors
what are the operating variables bases
What are the purchasing approaches bases
what are the situational factors
what are the personal characteristics
What is intermarket segmentation?
What are the requirements for effective segmentation
What is market TARGETING
What are the four tiers of segment attractiveness
What are the strategies for market targeting?
What factors affect the choice of target market strategy