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Group 5 - Market Segmentation
Group 5 - Market Segmentation
STRATEGY
M A R K E T S E G M E N TAT I O N ,
POSITIONING. AND
FORECASTING MARKETS
Lucio Tan
George
TY
David
Cosunji
MARKET SEGMENTATION
MARKET SEGMENTS
PRODUCT DIFFERENTATION
KIDS WEAR
WOMENS
MENS
HOME
Multiple
Products and
Multiple Market
Segments
Segments of One:
Mass Customization
STEPS IN SEGMENTING
AND TARGETING MARKETS
Step 1:
Identify the
target
markets
Step 2: Identify
expectations of
target
audience
13 19YEARSOLD
D
N
A
30
E
E
V
ABO
Step 3: Create
subgroups
Step 4: Review
the needs of the
target audience
Step 5: Name your
market segment
Step 6: Marketing
strategies
Product Repositioning
perceptual map
Segmentation
Targeting Positioning
Maximize your marketing
impact
.better yet
Who is your
product
NOT for?