This document discusses STP (Segmentation, Targeting, Positioning) analysis for a beer company. It identifies 4 types of beer drinkers based on market research. The company prices its higher quality beer at a slight premium that resonates with Beer lovers and Hedonists, who care more about quality and taste than price. The analysis recommends focusing marketing on these two segments that are less price sensitive.
This document discusses STP (Segmentation, Targeting, Positioning) analysis for a beer company. It identifies 4 types of beer drinkers based on market research. The company prices its higher quality beer at a slight premium that resonates with Beer lovers and Hedonists, who care more about quality and taste than price. The analysis recommends focusing marketing on these two segments that are less price sensitive.
This document discusses STP (Segmentation, Targeting, Positioning) analysis for a beer company. It identifies 4 types of beer drinkers based on market research. The company prices its higher quality beer at a slight premium that resonates with Beer lovers and Hedonists, who care more about quality and taste than price. The analysis recommends focusing marketing on these two segments that are less price sensitive.
Based on combination of variables previously mentioned in market research, we have
identified 4 distinct types of beer drinkers. Bira91 follows a product pricing strategy, where they believe the customers will be willing to pay a premium price for a higher quality product. Thus, they have adopted a slightly higher pricing than their competitors. As this strategy resonates with Beer lovers and Hedonists category, we focus more on these categories as they are relatively price-insensitive and are more concerned about the quality, taste of the product and the overall experience.