Feb 01, 2016
Brand can’t have one single image One selling message to one huge
homogeneous mkt. will not work Specific customer group Specific message different marketing
programs for different group of population.
Concentration: Organization focus on one sub-groups and uses direct advertising appeal. For e.g. Maggi - Kids
Differentiation: Two or more groups are identified & advertising appeals are made accordingly. For E.g. Calcium Sandoz for Kids & Women
Undifferntiation/ Aggregation: No segmentation, simple market program applied to all. For e.g. daily necessities of life.
Majority fallacy: All players in one segment.
For E.g. Tooth Pastes target Kids n Cold Drinks Target Youth
Niche strategy: Concentration strategy on a small but profitable segment. For e.g. Sugar Free
By identifying a group of customers:◦ Not being served well presently by competition-
old/ youngsters.◦ Large enough or growing in size. Indian Middle
Class◦ Most likely to respond positively to the benefits
offered by one brand. Kids
Controlled Coverage: Advertising has to choose. Example: For MBAs
Customer self selection: Customers have to choose by themselves
◦ Demographic◦ Geographic◦ Behavioral
Consumer attitude motivation perception belief
Culture Social class.