Question: answer this using nike as a example 1. Consider the various approaches to segmenting your market(s). What segmentation approaches do you recommend? Why do you
answer this using nike as a example
1. Consider the various approaches to segmenting your market(s).
What segmentation approaches do you recommend? Why do you
recommend those approaches over other available approaches?
2. Evaluate your proposed segments against the criteria for effective
segmentation. What does this evaluation lead you to conclude about
the best way to proceed?
3. Systematically analyze each potential segment on your list using the
three steps you learned in the chapter: (1) assess each in terms of
segment size and growth potential, segment competitive forces, and
strategic fit of the segment; (2) for the short set that emerges,
develop profiles of each potential target market, then identify each of
your final set as primary, secondary, tertiary, or abandoned; (3)
select the target marketing approach for each of your primary
targets.
4. Identify the likely sources of differential advantage on which you will
focus later in developing your positioning strategies.
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