surveys show that barely 20% of adult Indians own a watch and about 90% of them own a single watch. So as to sustain and strive in this scenario‚ a company has to market itself well. Among those marketing strategy applied by the companies‚ one is STP (segmentation‚ targeting‚ positioning) ANALYSIS. Here‚ STP analysis is done for a company which has got the highest market share in the watch market of India and it is TITAN. As the world’s sixth largest manufacturer brand of watches‚ the company’s product
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STP implementation by Android (OS) What is an Android? * Android in an open source ‚ Linux based mobile operating system * The good thing android being open source is the speed of development and community contributions to the advancement of the operating system * Android market has more than 5‚00‚000 apps The Android story STP-a three step process I. Segmentation: Segmentation involves finding out different segments of consumers with different needs exist. Keeping in view the
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Marketing – Brief discussion about STP. Market Segmentation: A market is divided into smaller segments based on distinct needs‚ characteristics or behaviors of the consumers. The divided markets most probably require separate products or marketing strategies. A market segment consists of consumers who respond in a similar way to a given set of marketing efforts. For example: In the bed market‚ consumers who want biggest‚ most comfortable bed regardless of price make up a segment whereas consumers
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VODAFONE STP ANALYSIS STP Segmentation: Vodafone segments its target users by Income‚ Age‚ Service usage‚ Nature of customer‚ life of the service and geographical condition. Income Age: Vodafone segments its end users by segmenting them into “youth” and “adults”. It further categorizes these as college going kids‚ those that have just entered the corporate world and older adults. Service Usage: Vodafone segments its target consumers /users by the kind of service they are looking for. They
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Marketing Plan Marketers have essentially four variables to use when crafting a marketing strategy and writing a marketing plan. They are price‚ promotion‚ product and distribution (also called placement). They are sometimes referred to as the four p ’s. A marketing mix is a combining of these four variables in a way that will meet or exceed organizational objectives. A separate marketing mix is usually crafted for each product offering. When constructing the mix‚ marketers must always be thinking
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STP ANALYSIS OF TERM PAPER ON STP ANALYSIS SUBMITTED TO: Afreen Choudhury Senior Lecturer Business Administration East West University SUBMITTED BY: GROUP NAME: PROACTIVE SUBJECT CODE: MKT 101
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COMPETITIVE STRATEGIES * Introduction of new products In introducing new products‚ this enables the firm to have an edge on the market share since many people want the most interesting and newest product on the market. Apple is a recognized innovator in the areas of personal computers‚ software applications‚ computer operating systems‚ personal music devices‚ cell phones‚ and even marketing and retail. The company is organized to focus its core strengths with senior vice presidents overseeing
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CONSUMER BEHAVIOR Blog Subscription Lars Perner‚ Ph.D. Assistant Professor of Clinical Marketing Department of Marketing Marshall School of Business University of Southern California Los Angeles‚ CA 90089-0443‚ USA (213) 740-7127 Cell: (213) 304-1726 Narrated Presentations on Basic Marketing Issues Books Marketing Education Privacy Brief Articles How to Get Good Grades in Marketing (Satire) Segmentation‚ Targeting‚ and Positioning Segmentation
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ar Marketing Strategy of Apple Computer Company April Hemphill Professor Brickhouse Bus 100 August 10‚2011 Apple Computers Inc. is considered to be one of the innovators in the computer industry. It brought about different changes to the industry; these changes are still visible in the present. The company’s products were used as a basis by other computer company’s in designing the specifications and physical characteristics of their product. It also serves as a meter of
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INDIAN AUTOMOBILE INDUSTRY: Overview In the post globalized era where India is looking at growth rates of more than 8%‚ one of the main beneficiaries of India’s growth story is Automobile Industry. Termed as“Industry of Industries” . Automobile industry has been one of the indicators of a country’s economic prosperity‚ as major population of Indian economy is turning out as middle class society. Prior to the 1991 liberalization‚ auto industry in India was controlled and licensed by the government
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