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International Marketing 3

3. International segmentation (STP)

3. International segmentation (STP)

Kartei Details

Karten 18
Sprache Deutsch
Kategorie Marketing
Stufe Universität
Erstellt / Aktualisiert 24.11.2014 / 19.01.2019
Lizenzierung Keine Angabe
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A market is...

"A market is a collection of buyers.”

People or organizations with 

Needs or wants, and with 

- ability and 

- willingness to buy

 

 

STP Process

Market Segmentation
1. Identify bases for segmentation
2. Develop profiles of segments

Market Targeting
3. Measure Segment attractiveness
4. Select target Market

Market Posistioning
5. Develop Positioning for each Segment
6. Develop marketing mix for each target market

Segmenting consumer markets (5 Types)

Geographic

Demographic 

Geo-demographic

Behavioral 

Psychographic 

Demographic 

- Race

- Culture 

- Income 

- Social Class 

- Gender 

- Age

 

Geographic 

- State 

- Nation 

- Regions 

- Countries

 

Behavioral 

Attitude 

Loyalty 

User Status & Rate

Psychographic

Vals Framework

- Thinker

- Achiever

- Believers

- Makers

Segmention of business markets

 

- Geography,

- Benefits

- Usage rate

- Purchasing approaches 

- Demographic 

- Operating variables