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Friday, April 26, 2019

Segmentation and Possible Target Markets Case Study - 1

Segmentation and Possible Target Markets - Case strike ExampleThis is because twain of these drinks initially originated from the get together States hence the people identify with the brand. Behavioral aspects of the people of the United States also determine the marting segment. The people constantly enjoy a soft drink as comp bed to the other part of the world where beverages like tea possess more popularity. Hence, the United States is a market segment for coke and diet coke based on geographic, psychographic and behavioral patterns (DAltorio, 2010). The product coke targets towards the unhurt commonwealth in the market. However, Coca-Cola Company takes exceptional effort to ensure that various age groups associated with this brand. As a result, adolescents become a market segment for the Coca-Cola Company. Teenagers are a notorious market segment that proves steadfastly to impress various times. However, Coca-Cola takes up the challenge to identify their brand with the you ng generation since teenagers constantly ingest soft drinks. Teenagers provide a good market segment since they are an ideal target for both coke and diet coke. While Coke aims at the general teenage population, diet coke appeals tardily to teenage girls who are health conscious and prefer to consume a low-calorie soft drink. Coca-cola targets the teenage population by placing their products in school vending machines. In addition, the social media plays a crucial role in ensuring the brand advertises itself to teenagers through popular sites such as facebook and twitter. One of the advertisements by coca cola targeting teenager is the global ad campaign that uses the love of music by teenagers to appeal to them (Chapman, 2011).Women in the United States are a market segment specifically due to their consumption of Diet Coke. Since the release of the product in 1982, diet coke receives appraisal and acceptance in the United States market as a womanly drink. This is because the dri nk attracted more female customers than it did male customers.

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