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MrRissso [65]
3 years ago
8

Pick a company’s product/brand that you either like or are familiar with enough to know about their segmentation and targeting s

trategies. If you don't have a company that you are familiar with enough, pick one that you are familiar enough through the advertisements and general marketing you see them conducting.
1. Name the company/product/brand and discuss what you think their marketing strategy seems to be, in general.

2. How does your company choice go about segmenting markets? What segmentation criteria do they use?

3. Should they be using any other (additional) segmentation criteria? Why?

In general, how do you think advances in technology have made it possible for smaller segments to be profitable?
Business
1 answer:
bixtya [17]3 years ago
3 0

Answer:

1.The brand “Dettol” started its journey in 1933 as antiseptic liquid, but over the years, it has been extended to a number of product categories like toilet soaps, liquid hand wash, liquid body wash, shaving cream and plaster strips.  Dettol has been widely accepted and positioned as a 100% germ fighter with complete protection and control for entire family as its core value.

Their Marketing Strategy

Consumers see Dettol as an ‘expert’. It is perceived as a product which is effective and versatile and guarantees protection from germs.

2.

It uses demographic segmentation and can be used by most people of any age group.

People from all generation are the targeted customers of Dettol. Dettol follows Product specialization strategy in order to penetrate the market and increase the usage rate.  

Dettol has been successful in positioning itself as an antiseptic which safeguard/protect the people from germs. Dettol’s effective communication has always focused on the core brand positioning of protection from germs.

3.

They should continue with their current segmentation criteria. Why? It is because it has been super effective, when you think antiseptics, dettol naturally comes to mind first as they have successfully embedded the benefits of their products in our heads through mind-blowing marketing strategies.

4.

Technology has helped smaller segments become profitable by;

  • Helping to future-proof businesses while ensuring one is not running behind his/her competitors.
  • Facilitating Workforce Productivity.
  • Reducing Operational Costs.
  • Engineered a number of processes that has helped improve the Quality of Products and Processes.
  • Increasing Business Growth.
  • It has greatly helped in Managing Uncertainty.

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The practice of changing prices for products in real time in response to supply and demand conditions is referred to as
amm1812

Answer:

Dynamic pricing

Explanation:

In simple words, Dynamic pricing, often alluded to as rising rates, vibrant pricing as well as period-based pricing, relates to the pricing technique under which companies set variable prices for goods or commodities on the basis of existing consumer demands. A main benefit of competitive pricing seems to be the opportunity to increase the income with each consumer.

8 0
3 years ago
You have recently graduated from college with an MBA. Upon graduation, you start working for Roosevelt Power Plant. The boss, Mr
kvv77 [185]

Explanation:

Honesty in the workplace:

  • Honesty can give good reputation
  • Will stay focused on the work and the environment
  • Will keep commitments and thus increase productivity
  • It will increase the sense of responsibility to achieve success at higher rates
  • Increases mutual respect and thus gives good collaboration

Positive work environment:

  • Employee feel safe
  • Ability to achieve one's best
  • Gains greater energy to contribute
  • Provides an happy environment
  • Yields positive result from both individual and team work

These these factors will help Mr. Jones to understand that fraud will be prevented and detected.

3 0
3 years ago
Discuss the role of management in the larger societal context. what do you think the managers of the future will be like?
olganol [36]

Management recreates a vital role in modern culture. It contains the factories of production for social progress, greater productivity, increased jobs and income, better performance, and the satisfaction of society's needs.

<h3>What do you think the managers of the future will be like?</h3>

Management plays an important part in setting the boundaries for what is sufficient ethically and legally. Future managers will be international strategists, right at technology, politicians, and good leader-motivators. . It enables the development of society and the welfare of the public. The future of management depends on flexibility, adaptation, and pragmatism.

To learn more about Management  visit the link

brainly.com/question/14523862

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5 0
2 years ago
Explain one reason why it might be an advantage for a business to set up on a busy high street.
Akimi4 [234]

Answer:

High traffic

Explanation:

Higher traffic means more visibility, more visibility means more customers.

7 0
3 years ago
A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has an estimated useful life of 300,000 miles,
Anuta_ua [19.1K]

Answer:

A. $57,000

B. Depreciation rate per mile is $0.19

C. Depreciation is $14,630

Explanation:

a. cost of the truck less the residual value.

Cost of the truck        $69,000

Less: Residual value  <u>$12,000</u>

                                   $57,000

b. Depreciation rate per mile is computed by dividing cost of the truck less the residual value over the estimated useful life.

$57,000 / 300,000 miles = $0.19

c. Units-of-activity depreciation for the year is computed by multiplying miles driven for the year by depreciation rate per mile.

77,000 miles x $0.19 = $14,630

6 0
3 years ago
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