Professional Documents
Culture Documents
2-2
Marketing Strategy and Analysis
Target
Opportunity Competitive
Market
Analysis Analysis
Selection
2-3
The Target Marketing Process
2-4
Target Market Identification
Geographic
Economic status Age
location
2-5
Bases for Market Segmentation
2-6
PRIZM Social Groups
HIGH
LOW
2-7
Segments
Undifferentiated Concentrated
Differentiated
2-8
Positioning Strategies
2-9
The Marketing Planning Program
Product Distribution
Decisions Channels
Promotional Price
Strategy Decisions
2-10
Branding Goals
2-11
Branding and Packaging Decisions
BRANDING PACKAGING
2-12
Pricing Decisions
Costs Time
Perceived value
2-13
Channels and Image
2-14
Types of Channels
• Direct
• Driven by direct-response ads,
telemarketing, the Internet
• Often used when selling expensive and
complex products
• Indirect
• Network of wholesalers and/or retailers
2-15