Notes/GUQ/Marketing/Chapter5.md
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# Chapter 5: Target Markets
目标人群是根据需求划分的、选择目标人群、满足目标的需求
## 5.1 Targeted Marketing versus Mass Marketing
- **Mass Marketing:** Trying to appeal to *everyone*, like selling plain bubble tea to anyone who walks by.
- **Benefit:** You reach a lot of people.
- **Target Marketing:** Focusing on specific groups of people, like teens or office workers.
- **Benefit:** More personalized, making customers feel valued.
## \*5.2 How Markets Are Segmented
### 5.2.0 Definitions
*Market Segmentation* is the process of **dividing a broad market into smaller**, more defined **groups of consumers** with **similar characteristics, needs, or behaviors**.
### 5.2.1 Key Segmentation Bases
- **Geographic**:
Dividing the market by location (e.g., city, region, country).
- **Demographic**:
Based on age, gender, income, occupation, etc.
- **Psycho-graphic**:
Based on lifestyle, values, interests, or attitudes.
- **Behavioral**:
Focused on consumer behavior (e.g., usage, purchasing habits, loyalty).
### 5.2.2 Why segment markets?
- **Improves Customer Targeting**:
Tailoring products and marketing strategies to meet specific customer needs.
- **Efficient Resource Allocation**:
Helps companies spend time and money only on target groups.
- **Increases Customer Satisfaction and Loyalty**:
Meeting specific needs leads to happier customers.
## 5.3 Selecting Target Markets and Target Market Strategies
### 5.3.0 Definitions
- **Differentiation:**
Offering **something unique** that sets your product apart from competitors.
- **Positioning:**
The way a product is defined by consumers on **key attributes**.
### 5.3.1 **Key Steps** in Differentiation and Positioning Strategy
1. Identify possible **competitive advantages**.
2. Choose the **right competitive advantages**.
3. Select an overall positioning **strategy**.
4. **Communicate and sustain** the chosen position.
### \*5.3.2 Competitive Advantage
*Competitive Advantage* is an edge gained by **offering greater value** through either:
- **Competitive Advantage**: **Lower prices**, OR **Better benefits** that justify higher prices.
- **Key Differentiation Areas: ** Product, Services, Channels, People, or Image.
A good **difference to promote** must be:
- **Important**: Solves a key problem.
- **Distinctive**: Stands out.
- **Superior**: Better than competitors.
- **Communicable**: Easy to explain.
- **Preemptive**: Hard to copy.
- **Affordable**: Accessible to customers.
- **Profitable**: Brings long-term gains.
### 5.3.3 Positioning Strategies
*Proposition* is the mix of **benefits** a brand uses to **differentiate itself**.
A **positioning statement** summarizes the company or brands position.
## 5.4 Positioning and Repositioning Offerings
### 5.4.0 Definitions
- **Positioning** is how people think about a product compared to other similar products.
It helps a product stand out and look special to customers.
- **Repositioning** is changing how people think about a product.
Companies do this to **attract new customers or fit changing needs**.
### 5.4.1 Key Steps
1. **Analyze the Market**
Identify key attributes (e.g., price and quality) that customers care about.
2. **Create a Perceptual Map**
Plot competitors and locate gaps in the market.
3. **Develop a Product Strategy**
Position a new product to fill the market gap.
Write a catchy tag line that highlights its unique position.
是个例子
![图片](./assets/%E5%9B%BE%E7%89%87.png)