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KFC Segmentation, Targeting and Position Through Promotion of A Brand
KFC Segmentation, Targeting and Position Through Promotion of A Brand
Submitted By
Supervised by:
Mr. Kashif Rashid Nagi
Section
MBA (36-E) Tuesday
prospective buyers into groups (segments) that have common needs and will respond
similarly to a marketing action. Market segmentation enables companies to target different
categories of consumers who perceive the full value of certain products and services
differently
from
one
another.
As the outlets of KFC are in posh area and prices are nearly high
Market Positioning:
An effort to influence consumer perception of a brand or product relative to the
perception of competing brands or products. Its objective is to occupy a clear,
unique, and advantageousposition in the consumer's mind.
KFC products were first offered to upper socio-economic group. Later,
introducing discounted and lower price deals, they are now dealing in masses. So,
KFC has traded down. In doing so KFC has used the same brand name and same
high quality product.