Strategic Marketing Plan
Strategic Marketing Plan

... relationships between the consumer and the brand ...
Sports, Entertainment, and Recreational Marketing
Sports, Entertainment, and Recreational Marketing

... Popularity of teams is based on winning Fans want products/services that identify them with a winner Keep an eye on competitor’s marketing ...
Definitions of Marketing
Definitions of Marketing

... Marketing consists of the strategies and tactics used to identify, create and maintain satisfying relationships with customers that result in value for both the customer and the marketer. The right product, in the right place, at the right time, at the right price. Marketing is essentially about mar ...
Affluent Consumers
Affluent Consumers

... ...
Target Market
Target Market

... percent of the pharmacy chain’s customers. CVS has marketed its stores to aid women who are constantly multitasking. They recently redesigned 1,200 of its 6,200 stores to women, including shorter wait times for prescriptions, wider and better-lit shopping aisles, and more beauty products ...
Marketing Basics Notes
Marketing Basics Notes

... Niche Marketing – carving out a relatively _________ part of a market that has a very ____________ need not currently being filled. Market Segmentation – the process of identifying groups of consumers based on their common ___________. ...

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.