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August 10, 2005 © Magnusson 1 © Patrik Gottfridsson 2011-03-22 1 Segmentering, Targeting, Positionering & Differentiering För att kunna: Förstå marknader och kunder – hitta intressanta kunder och kundbehov © Patrik Gottfridsson 2011-03-22 2 The Company’s Micro-environment Actors in the Microenvironment © Patrik Gottfridsson 2011-03-22 3 The Company’s Macro-environment © Patrik Gottfridsson 2011-03-22 4 The need for market segmentation Marketers understand that they cannot be all things to all people, all of the time. Buyers and markets are too complex and diverse for one simple marketing formula to adequately address the needs of all. Market segmentation is the process that companies use to divide large heterogeneous markets into small markets that can be reached more efficiently and effectively with products and services that match their unique needs © Patrik Gottfridsson 2011-03-22 5 Market Segmentation © Patrik Gottfridsson 2011-03-22 6 Marknadssegmentering ” The identification of individuals or organizations with similar characteristics that have significant implications for the determination of marketing strategy” ”a group of present or potential customers with some common characteristic which is relevant in explaining and (predicting) their response to a supplier’s marketing stimuli”

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August 10, 2005

© Magnusson 1

© Patrik Gottfridsson 2011-03-221

Segmentering, Targeting, Positionering & Differentiering

För att kunna: Förstå marknader och kunder – hitta intressanta kunder och kundbehov

© Patrik Gottfridsson 2011-03-222

The Company’s Micro-environment

Actors in the Microenvironment

© Patrik Gottfridsson 2011-03-223

The Company’s Macro-environment

© Patrik Gottfridsson 2011-03-224

The need for market segmentation

� Marketers understand that they cannot be all things to all people, all of the time. Buyers and markets are too complex and diverse for one simple marketing formula to adequately address the needs of all.

� Market segmentation is the process that companies use to divide large heterogeneous markets into small markets that can be reached more efficiently and effectively with products and services that match their unique needs

© Patrik Gottfridsson 2011-03-225

Market Segmentation

© Patrik Gottfridsson 2011-03-226

Marknadssegmentering

” The identification of individuals or organizations with similar characteristics that have significant implications for the determination of marketing strategy”

”a group of present or potential customers with some common characteristic which is relevant in explaining and (predicting) their response to a supplier’s marketing stimuli”

August 10, 2005

© Magnusson 2

© Patrik Gottfridsson 2011-03-227

Marknadssegmentering

� Bygger på idén att vi har olika önskemål, olika mängder resurser, beter oss på olika sätt och bor på olika ställen

� Fast inte helt olika, utan det finns mönster som gör att man kan…

� …dela upp en marknad (köparna) i distinkta grupper (mindre marknader) baserat på köparnas olika behov, karakteristik och beteende gentemot vilka man kan jobba med samma marknadsföringsmix till– Produkt– Pris– Påverkan – Plats

© Patrik Gottfridsson 2011-03-228

Marknadssegment

© Patrik Gottfridsson 2011-03-229

Market Segmentation

Geographic segmentation

Demographic segmentation

Psychographic segmentation

Behavioral segmentation

Segmenting Consumer Markets

© Patrik Gottfridsson 2011-03-2210

Market Segmentation

� Geographic segmentation divides the market into different geographical units such as nations, regions, states, counties, or cities

Segmenting Consumer Markets

© Patrik Gottfridsson 2011-03-2211

Market Segmentation

Demographic segmentation

divides the market into groups based on variables such as age, gender, family size, family life cycle, income, occupation, education, religion, race, generation, and nationality

Segmenting Consumer Markets

© Patrik Gottfridsson 2011-03-2212

Market Segmentation

Psychographic segmentation

divides buyers into different groups based on social class, lifestyle, or personality traits

Segmenting Consumer Markets

August 10, 2005

© Magnusson 3

© Patrik Gottfridsson 2011-03-2213

Market Segmentation

Behavioral segmentation divides buyers into groups based on their knowledge, attitudes, uses, or responses to a product

� Occasions� Benefits sought� User status� Usage rate� Loyalty status

Segmenting Consumer Markets

© Patrik Gottfridsson 2011-03-2214

Market Segmentation

� To be useful, market segments must be:

Requirements for Effective Segmentation

Measurable Accessible Substantial

Differentiable Actionable

© Patrik Gottfridsson 2011-03-2215

Övningsuppgift segmentering

� Segmentera marknaden för sportskor.

© Patrik Gottfridsson 2011-03-2216

Market Targeting

� Target market consists of a set of buyers who share common needs or characteristics that the company decides to serve

Selecting Target Market Segments

© Patrik Gottfridsson 2011-03-2217

Market Targeting

� Segment size and growth

� Segment structural attractiveness

� Company objectives and resources

Evaluating Market Segments

.

© Patrik Gottfridsson 2011-03-2218

Market Targeting

Target Marketing Strategies

August 10, 2005

© Magnusson 4

© Patrik Gottfridsson 2011-03-2219

Market Targeting

Undifferentiatedmarketing targets the whole market with one offer– Mass marketing

– Focuses on common needs rather than what’s different

Target Marketing Strategies

”in any color, as long as it is black”

© Patrik Gottfridsson 2011-03-2220

Market Targeting

Differentiated marketing targets several different market segments and designs separate offers for each

� Goal is to achieve higher sales and stronger position

� More expensive than undifferentiated marketing

Target Marketing Strategies

© Patrik Gottfridsson 2011-03-2221

Market Targeting

� Concentrated marketing targets a small share of a large market

� Limited company resources

� Knowledge of the market

� More effective and efficient

Target Market Strategies

© Patrik Gottfridsson 2011-03-2222

Marketing Targeting

Micromarketing is the practice of tailoring products and marketing programs to suit the tastes of specific individuals and locations

� Local marketing

� Individual marketing

Target Market Strategies

© Patrik Gottfridsson 2011-03-2223

Market Targeting

Local marketing involves tailoring brands and promotion to the needs and wants of local customer groups

� Cities

� Neighborhoods

� Stores

Target Market Strategies

© Patrik Gottfridsson 2011-03-2224

Market Targeting

Individual marketing

involves tailoring products and marketing programs to the needs and preferences of individual customers

� Also known as:– One-to-one marketing

– Mass customization– Markets-of-one

marketing

Target Market Strategies

August 10, 2005

© Magnusson 5

© Patrik Gottfridsson 2011-03-2225

Market Targeting

Depends on:

� Company resources

� Product variability

� Product life-cycle stage

� Market variability

� Competitor’s marketing strategies

Choosing a Target Market

© Patrik Gottfridsson 2011-03-2226

Differentiation and Positioning

Product position is the way the product is defined by consumers on important attributes—the place the product occupies in consumers’ minds relative to competing products

– Perceptions– Impressions– Feelings

© Patrik Gottfridsson 2011-03-2227

Differentiation and Positioning

Positioning maps show consumer perceptions of their brands versus competing products on important buying dimensions

Skoda

Volvo

Mercedes

© Patrik Gottfridsson 2011-03-2228

Positionering

© Patrik Gottfridsson 2011-03-2229

Differentiation and Positioning

Identifying a set of possible competitive advantages to build a position by providing superior value from:

Choosing a Differentiation and Positioning Strategy

Product differentiation

Service differentiation

Channel differentiation

People differentiation

Image differentiation

© Patrik Gottfridsson 2011-03-2230

Differentiation and Positioning

Difference to promote should be:

Choosing the Right Competitive Advantage

Important Distinctive Superior

Communicable Preemptive Affordable

Profitable

August 10, 2005

© Magnusson 6

© Patrik Gottfridsson 2011-03-2231

Communication and Delivering the Chosen Position

Choosing the positioning is often easier than implementing the position.