How does market segmentation differ from market targeting


Assignemnt: Commercials and TARGET Marketing Effectiveness

We have seen (and can see)multiple examples of companies that effectively use target marketing: gyms that target overweight people, tourist cruises that target international visitors, and fast food companies that market the same product to a variety of target markets.

PART ONE: Target Audience Examples

Companies that Have it Figured Out

For this first part you will search for THREE different television commercials and/or magazine ads. You MUST search for examples of brands/products that have been successful at marketing directly to a SPECIFIC target audience through television and/or magazine ads.

NOTE: You cannot use an example that has been mentioned in lectures or class ppts.

For each of the three commercials/magazine ads state the following:

1. Name of the brand and/or company.
2. Provide a link to the actual ad, and full description of the ad and the product.
3. Why did you select this ad, why did it appeal to you?
4. What is the target audience and why do you think this?
5. There is no single way to segment the market, which of the four major segmentation variables were used in your example.

PART TWO:

How does market segmentation differ from market targeting?

How can marketers use behavioral segmentation in consumer markets? And why do marketers believe that behavioral variables are the best starting point for building market segments?

Find FIVE ADS (TV or youtube or magazine), ONE AD for EACH one of the five behavioral segments: occasion segmentation, benefit segmentation, user status, usage rate, and loyalty status. State the brand/product, and how the ad is targeting/using each of the five behavior variables.

USE THIS TABLE to complete your answers

 

Behavioral Segment

BRAND

PRODUCT

How is the ad using this behavioral variable?

1

Occasion Segmentation

 

 

 

2

Benefit Segmentation

 

 

 

3

User Status

 

 

 

4

Usage Rate

 

 

 

5

Loyalty Status

 

 

 

Blue Ocean Strategy Review

I want to be able to read your report and understand the central theme of the book. So, I would summarize what the authors mean by a Blue Ocean Strategy and how it differs from how most companies operate.

I then want to understand how a couple of organizations they've studied (like Cirque du Soleil) have used this strategy to differentiate themselves.

I'm expecting this paper to be a minimum of 3-5 pages, with an average length of 4 pages. Please reference all sources, including the BOS book.

Check system, please original.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Marketing Management: How does market segmentation differ from market targeting
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