300x Filetype PPTX File size 0.30 MB Source: blog.ub.ac.id
Learning Objectives • Understand the each definition of Segmentation, Targeting, and Positioning • Know what is the part of Segementation, Targeting, and Positioning • Understand the reason why STP Model is needed by the company Three Major Steps • Identify and profile distinct groups of buyers why might require seperate products or marketing mixes (market segmentation) • Select one or more market segments to enter (market targeting) • Establish and communicate the products’ key distinctive benefits in the market (positioning) Segmentation Segmentation is grouping consumers by some criteria, such that those within a group will respond similiarly to a marketing action and those in a different group will respond differently. Market Segmentation 1. Identifying the market segment 2. Create the data 3. Make the alternative strategic 4. Decide the resources of alternative strategic 5. Assesing existing resources 6. Select the best alternative strategic 7. Securing necessary target 8. Adopting positioning plan 9. Developing marketing mixes Three Basic Assumption of Marketing Segmentation Strategy A. Many Market are significantly, but not completely B. A firm’s market offering can be designed to meet needs, wants, tastes, and preferences of such segments C. Strategy of targeting specific segments can lead to competitive advantages in the marketplace and, in D. turn, superior financial performance. E.
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