14.12.2012 Views

Retail Mass - Old Mutual

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Market segmentation analysis is key<br />

1. Target market for <strong>Old</strong><br />

<strong>Mutual</strong> is only 27% of the<br />

population<br />

2. Substantial GDP per<br />

capita increase needed to<br />

become target customers<br />

However:<br />

3. Substantial population<br />

numbers coming through<br />

to drive future growth<br />

Source: Bureau for Market Research (BMR)<br />

Breakdown of the SA population (2009)<br />

Population (m)<br />

3<br />

2<br />

1<br />

12

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