Marketing Study Guide Exam 2
Chapters 6, 7, 8, 9
Chapter 6 – Customer-Driven Marketing Strategy and Creating Value for Target Customers
Customer Driven Marketing Strategy
1. Segmentation
Geographic segmentation > dividing into different nations, states, etc. Localizing products, advertising, etc.
Demographic segmentation > age, life-cycle (Disney Cruise vs. Viking Cruise), state, gender (Dove vs. Harley Davidson), income (Walmart vs. Whole Foods)
Psychographic segmentation > lifestyle, personality…
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