Professional Documents
Culture Documents
Chapter 4:
Identifying Customers
2- An Open Forum:
(LO 4.1- 4.4) Time to take a closer look at
the ‘Target Marketing Process’.
* S = Segmentation
* T = Targeting
* P = Positioning
Segmenting consumer markets
• Segmentation Variables: are characteristics that
buyers have in common and fall into four broad
Categories:
1- Demographic
2- Geographic
3- Psychographic
4- Behavioural.
• Effective segmentation involves choosing
segmentation variables that are easy to measure
and readily available, and linked closely to the
purchase of the product in question.
Targeting strategy
The choice of an appropriate targeting strategy
depends on:
1- Understand size and attractiveness of market
segments i.e. Sales Potential, Competitive
Situations, Cost Structure.
2- Assessment of organisation ability to service
and compete for chosen market segments
Positioning: a 2 step process
1- Determine how the company wishes to
be perceived in the target market segment.
2- Develop an appropriate marketing mix
strategy for each segment of the target market.
An example of a Perceptual Map
LO 4.4 Post your answers on Chat
2 – Important
Announcements
In text citations are required whenever I use the words, research or ideas of another person.
A - Pickard (2013) states that information redundancy is responsible for researcher error.
B - Researcher error is the main reason for exiting the field (Pickard 2013).
You can use the author’s name in a sentence OR state their findings as fact and provide a citation.
I can use an online Harvard style generator for my citations and reference list.
TRUE
FALSE
In text citation
True or false?
FALSE
Harvard Western SydU style has certain details that make it
different from HARVARD style.
Much like your assessment work, your referencing should
be constructed, not copied and pasted.
The guide and iCite tool gives you exact instructions for
sequencing, italics and capitalization.
The guide and iCite is available at
https://library.westernsydney.edu.au/main/guides/referencing-citation
Reference an online textbook
In-text citation – Author and date Page 3
OR
Amaeshi, Nnodim & Osuji (2012, p.99) state that the “level
of engagement exceeds industry expectations” …
OR
The Fair Work Commission discusses the advantages of proactively addressing a poor workplace culture and the
employer’s obligation to treat their employees respectfully and ethically. It is expected that all levels of
management reflect the values of the organisation in their interactions with their employees and take adequate
steps to build a positive culture.
Ethical behaviour for a business is defined by Wilson and Haines (2016) as “the standard of ethics by which
conduct is judged”. A company’s ethical practice creates a positive workplace culture and is central to its ability to
attract and retain high performing staff (Jackson, P. 2017). To correct a negative workplace culture, it is necessary
to understand the role that static or transactional leadership plays in suppressing a culture of innovation and
transformation.
In text citation review
Find three errors No citation. Your reader doesn’t
know what source you are using.
Fair Work Commission (2019)
The Fair Work Commission discusses the advantages of proactively addressing a poor workplace culture and the
employer’s obligation to treat their employees respectfully and ethically. It is expected that all levels of
management reflect the values of the organisation in their interactions with their employees and take adequate
steps to build a positive culture.
Ethical behaviour for a business is defined by Wilson and Haines (2016) as “the standard of ethics by which
conduct is judged”. A company’s ethical practice creates a positive workplace culture and is central to its ability to
attract and retain high performing staff (Jackson, P. 2017). To correct a negative workplace culture, it is necessary
to understand the role that static or transactional leadership plays in suppressing a culture of innovation and
If you quote directly from a
transformation.
source, you need to include a
page number.
Your citation should only contain Wilson and Haines (2016, p.99)
the author’s surname and year
published. No first initials.
(Jackson 2017)
Linking the citations to the reference list
Amaeshi, Nnodim & Osuji ( 2012, p.99) state that value All resources cited in
is an individual’s perception of the ratio between quality the text are required in
and price. The customer evaluates the benefits of what
they received in relation to its price and its perceived the reference list.
benefit. However, value is constantly evolving and is
often considered as part of a lifelong relationship
between the product and customer (eds Garlin et al.
2018). Amaeshi, K. Nnodim, P & Onyeka, O 2012, Corporate
social responsibility, entrepeneurship and innovation,
Routledge, London, viewed 24 October 2019, Proquest
eBook Central database.
Not required if
it is 1st edition Amaeshi, K, Nnodim, P & Onyeka, O 2012, Corporate social
Routledge,
responsibility, entrepreneurship and innovation,
London.
Reference an online textbook Page 9
Reference list entry
OR
Author: Samsung
Date: none
Title: Top selling products
Source: It’s the same as the author, so we don’t include it again.
Viewed date: Today’s date
URL: web address
In text citation:
(Samsung n.d)
Referencing Quick Tips