Categorieën: Alle - preferences - decision - strategies - segmentation

door NICOLAS PICO 5 jaren geleden

267

TASK ONE

Companies use market segmentation to better target their products and marketing strategies to specific consumer groups. This involves dividing the market based on factors like demographics, socioeconomic status, and geographic criteria.

TASK ONE

The segmentation of markets.

Subjective

preferences
Benefit sought
SubtemPersonality: leadership, authority

Objectives

Specific
Purchase situation
1st purchase or repeat Place of purchase
intensity, variety, fidelity
General
Geographic criteria
Socioeconomic criteria
Demographic variable

CONSUMER BEHAVIOR

Segmentation strategies

Undifferentiated strategy
The drawback is that it can not satisfy the wishes of all consumers with the same product and marketing mix

IS A PROBLEM

HARD

The company does not consider differences between the different market segments and treats all of them with the same strategy.

The most important advantage is the reduction of the cost

Differentiated strategy
The drawback is the increase in production costs and commercial variables.
The main advantage is the increase in sales, the greater participation in the market and customer loyalty.
The company offers each segment the products it needs and the right marketing-mix
Concentrated strategy
The company only serves a few segments of the market
The advantage is that it achieves a high market share

but has the disadvantage of dedicating itself to very few segments, which is a great risk.

Influences in the purchase process.

Internal variables
Lifestyles
Learning
Behavior
Attitudes
Motivations
External variables
Family
Reference groups
Technological environment
Economic environment
Cultural environment
Social class

The purchase decision process

Satisfaction determines the occurrence of the repeat purchase.
Use of the product and post-purchase evaluation, whose study and knowledge of the behavior of the buyer
Purchase decision, acquiring the product or brand you have selected, this phase is usually given in the establishment, in which a seller influences.
Evaluation of the alternatives that suit you best among existing ones.
Search for information in order to find out what products or services exist in the market that meet your need.
Recognition of the problem or the need to satisfy