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Republic of the Philippines

Arellano University- Andres Bonifacio Campus


239 Pag-asa Street, Pasig, 1606 Metro Manila

WELCOME BACK
STUDENTS
PREPARED BY:
CHARLON S. LORCHA
GAME
TAGLINES
"WE’VE GOT IT ALL FOR
YOU!"
"WE’VE GOT IT ALL FOR
YOU!"
"NAKASISIGURONG GAMOT
AY LAGING BAGO"
"NAKASISIGURONG GAMOT
AY LAGING BAGO"
"ITO NA ANG BREAK MO"
"ITO NA ANG BREAK MO"
"NEVER HAD THIS GOOD "
"NEVER HAD THIS GOOD "
“WITH US, YOU’RE ALWAYS
NUMBER 1.”
“WITH US, YOU’RE ALWAYS
NUMBER 1.”
“UNANG KAGAT TINAPAY
LAHAT.”
“UNANG KAGAT TINAPAY
LAHAT.”
RECOGNIZE
AND
UNDERSTAND
THE MARKET

Unique Selling Proposition (USP)


– refers to how you sell your
product or services to your
customer.
Tips for the entrepreneur on how to
create an effective USP:
Identify and rank the uniqueness of the product
or services character
Be very Specific
Keep it Short and Simple (KISS)

A. TARGET MARKET
Market Targeting is a sage in market
identification process that aims to determine
the buyers with common needs and
characteristics. Prospect customers are a
market segment that an entrepreneurial venture
intends to serve.
Used methods for segmenting the markets
1. Geographic segmentation
Variables to consider
a. Climate
b. Dominant ethnic group
c. Culture
d. Density (either rural or urban)
Used methods for segmenting the markets
2. Demographic Segmentation
Variables to consider
a. Gender e. Education
b. Age f. Religion
c. Income g. Ethnic group
d. Occupation h. Family size
Used methods for segmenting the markets
3. Psychological Segmentation
Variables to consider
a. Needs and wants
b. Attitudes e. Knowledge and awareness
c. Social class f. Brand concept
d. Personality traits g. Lifestyle
Used methods for segmenting the markets
4. Behavioral Segmentation
Variables to consider
a. Perceptions d. Benefits
b. Knowledge e. Loyalty
c. Reaction f. Responses
B. Customer Requirements
Customer requirements are the
specific characteristics that the customers
need from a product or a service.

There can be two types of customer


requirements:
1. Service Requirement
2. Output Requirement
Service Requirement:
An intangible thing or product that
cannot be touched but the customer
can feel the fulfillment.
Output Requirements:
Tangible thing or things that can be
seen. Characteristic specifications that
a consumer expects to be fulfilled in
the product
C. MARKET SIZE
Market size is like a size of the arena where the
entrepreneurs will play their business. It is the
approximate number of sellers and buyers in a
particular market. Companies are interested in
knowing the market size before launching a new
product or service in the area.
THANK U

FOR
LISTENING

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