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Market Segmentation Strategies Used as Competitive Advantage
Market Segmentation Strategies Used as Competitive Advantage

... Perreault et al (1996) states that segmentation starts with the idea that each person is one of a kind but that it may be possible to aggregate some similar people in product market. As such, when firms try to segment their total heterogeneous markets, they have to design and develop different marke ...
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... Location-based marketing (LBM) – disruptive or empowering? That’s the key question addressed by this paper. Location-based marketing will have an effect on your marketing department, advertising agencies, and give consumers the sense of empowerment. Digital and mobile delivery platforms enable brand ...
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... cultivate lasting customer relationships—using telephone, mail, fax, e-mail, the Internet, and other tools to communicate directly with specific customers. Beware of the customer: Customers don’t distinguish between message sources the way marketers do. In the consumer’s mind, advertising messages f ...
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... therapeutic needs. This is based on the availability of large amounts of epidemiological and therapeutic area market data, currently commercially available online or through CD-based databases, as well as from primary customer data collected through syndicated market research or by sales, marketing, ...
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Download Full Article
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... Most of these studies are patchy and scattered; Only a kind of social media like micro blogging marketing, single Angle; Qualitatively general study of consumer behavior, which persuasive and credibility is not high ,can't systemly set a variable from the macroscopic with quantitative analysis; In t ...
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Please give a three page overview of how you see the role of Direct
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Tom Feltenstein
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... Competitive advantage will reside with the marketer best able to build the most efficient channel ...
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Target audience

A target audience is the intended audience or readership of a publication, advertisement, or other message. In marketing and advertising, it is a specific group of people within the target market at which a product or the marketing message of a product is aimed (Kotler 2000). For example, if a company sells new diet programs for men with heart disease (target market), the communication may be aimed at those men but also perhaps at their spouses (target audience). Targeted marketing and targeted advertising strive for narrowcasting rather than broadcasting.A target audience can be formed of people of a certain age group, gender, marital status, etc., e.g. teenagers, females, single people, etc. A combination of factors, e.g. men aged 20–30 is a common target audience. Other groups, although not the main focus, may also be interested. Discovering the appropriate target market(s)and determining the target audience is one of the most important activities in marketing management (Niewenhuizen et al. 2000). Perhaps the biggest mistake it is possible to make in targeting is trying to reach everybody and ending up appealing to no-one.
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