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Peter-Olson Chapter 15

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6/1/2010<br />

Select Segmentation Strategy<br />

• Four basic segmentation strategy<br />

alternatives<br />

– May decide not to enter the market<br />

– May decide to be a mass marketer instead of<br />

segmenting<br />

– May decide to market to only one segment<br />

– May decide to market more than one segment<br />

and design a separate marketing strategy for<br />

each<br />

<strong>15</strong>-28<br />

Select Segmentation Strategy cont.<br />

• Marketers must have some criteria on which<br />

to base segmentation strategy decisions<br />

– Measurable<br />

– Meaningful<br />

– Marketable<br />

<strong>15</strong>-29<br />

Design Marketing Mix Strategy<br />

• Selecting the target market and designing<br />

the marketing mix go hand-in-hand<br />

• Many marketing mix decisions are made in<br />

conjunction with target market selections<br />

<strong>15</strong>-30<br />

10

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