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Global market segmentation
Global market segmentation
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Segmentation variables can be classified into four major classes; geographic, demographic, psychographic and behavioural. The use of these categories either individually or in combination assists companies to identify and establish market segments which is relevant to the product or service they are offering. This in turn helps these organisations to evaluate the relevant segments to choose the pertinent target market. With relation to the Bud Light advertisement, the segmentation variables that are at play are geographic, demographic and psychographic. With the use of multiple variables, it gives the company a better understanding of the segmentation and helps identify their relevant target market. Geographic segmentation is when the market is divided into locations, regions, countries, cities, states and so forth. In the advertisement, geographical segmentation is identifiable when the guy, Ian Rappaport is taken from the bar into the city, where they make a stop in actress; Minka Kelly’s dressing room and they move on further to another location where he meets actor; Don Chead...
Late night driving home, and a strange man is on the side of the road with an axe, but hey, he has Bud Light so why not offer him a ride? In this video ad of Bud Light a couple is lost at night in what seems the middle of nowhere. Seeing a man with an Axe carrying Bud Light Case, the male seeing that he has Bud Light wants to offer him a ride; they pull over and he gets in the car. A glass and bottle of Bud Light appears and the words “Always Worth It” displayed (Viral 0:24). Later, they run in to a mask man with a chain saw and is also carrying Bud Light, and so the male again was to offer him a ride and leads to the commercial ending (Viralstuff 0:28). In this ad, it attracts a white male, and female audience that has low income, and between the ages of 21 and 30, which makes sense because Bud light sell more to Hispanic males that have low income rate, and are between the age of 55-65 (Bud Light Consumer). The commercial will try to persuade you using ethos, logos and pathos. The ad shows that avid Bud Light drinkers will in
Over time the use of alcoholic drinks has become an increasing problem. Budweiser is a company that makes and sells alcoholic drinks. Although they are well aware that the alcoholic drinks can be harmful when they are over used. To advertise their drinks they made an ad that not only advertised the drink but at the same time shows people that drinking and driving is dangerous and not only hurts the people doing it but also others around them.
Budweiser, being one of the top beer brands in the United States, tends to receive a negative connotation for their glamorization of drinking. However, two years ago they released a commercial at the Super Bowl promoting safe drinking and “making a plan” to make it home. It’s very clear in the commercial that they are promoting safe drinking and not driving while intoxicated; yet, it still is a Budweiser commercial so it very clearly is still promoting their product. In the following paragraphs I will be analyzing just how Budweiser manipulates the objects, people, and settings in their commercial to convey their overall purposes.
We chose to analyze a Bud Light beer bottle slogan, “the perfect beer for removing ‘no’ from your vocabulary for the night,” and the ad campaign for “#UpForWhatever.” The first impression we got from the slogan was a connotation of rape. The ad does not only promotes victim blaming, but it also promotes a risky lifestyle of doing stupid things and drinking in general. Bud Light pulled the slogan because it enraged customers and non-customers alike. The slogan itself perpetuates rape culture and toxic masculinity which are detrimental to the progress of society as a whole. The fact that the slogan was considered acceptable from the Bud Light company shows that the company was not being careful because easily without seeing the ad, the slogan can easily be read as a highly offensive slogan which can normalize the excuse of sexual assault.
A segment profile comes down to describing customer characteristics of a typical customer. It is important to build profitable relationships with the right customer is good for the marketer’s stakeholders. After this, the brand can start to build up their company target market, as well as selecting merchandise that would be best for the store.
Since target markets tend to change over time, this report focuses on Bud Light’s target market for the past ten years. Advertising and data with respect to this market will be limited to this time period. Additionally, current
Segmentation is the process of identifying different macro-groups of customers (i.e. segments) based on their common characteristics. The process of choosing a target segment, on which to focus marketing activities on, is a process named targeting.
First, it makes a gift. Regardless of the amount of Bud Light the host had previously received, he continues to accept Bud Light delightedly. In fact, he only wants to receive Bud Light. Additionally, the drink is a necessity for all celebrations. Throughout the commercial, the host and guests celebrate by sipping Bud Light, as if the party would not be complete without it. Finally, the commercial shows that Bud Light is a drink everyone will enjoy. Although the banquet consists of a variety of attendees, they all have one similarity: a love for Bud Light. The guests are content with their drinks and any other refreshment would have left them
Terrell, E. (n.d.). Market Segmentation. (Business Reference Services, Library of Congress). Retrieved April 6, 2014, from http://www.loc.gov/rr/business/marketing/
Robson, K., Pitt, K., and Wallstrom, A (2013) 'Creative Market Segmentation: Understanding The Bugs In Consumer Behavior', Journal of Public Affairs, 13(2), pp. 218-233 [Online]. Available at: www.swinburnedb.librarynet.com.my (Accessed: 17 May 2014).
Segmentation is a marketing strategy that involves separating a wide target market into small groups of customers who share the common need of using or purchasing the product that needs to be marketed. Market segmentation strategies are utilized to identify these groups of consumers and strategies are designed and implemented to make the product or service appeal to them. Support and also the product will be strategically placed in order to successfully achieve the ultimate marketing goal. Businesses and organizations may come up with different type of strategies involving different products and catchy phrases depending on the product or the target segment.
In the segmentation section the company takes into account the four bases of segmentation; geographic, demographic and psychographic and behavioural. Most prolific is the use of international idols to develop a psychographic segmentation brand management. For example, the company used Selena Gomez as its NEO style icon. The company has a very resound connection of corporate association with the different segmentation markets. Every market segment is managed by the social icon associated with it.
Geographical concepts have been traced back to ancient days, geography is defining as the scientific study of the location of people and activity across earth and reasons for their distribution. It asks where and why things are where they are. Geographers organizes materials by the places they are located, thus being they have concluded that what happens in one place affects what happens in another place and can further affect conditions in the near future. Like any other subject geography has its own language and knowledge for better understanding of its concepts. Thinking geographically means learning the language, we need both geographical vocabulary and grammar in order to do this. Geography has concepts that enables us to have geographical
Caroline and Jennifer said that ‘Market segmentation is a crucial marketing strategy. Its aim is to identify and delineate market segments or set of buyers which would then become targets for the company’s marketing plans.’ (Tynan and Drayton, 1987) There are many ways to segment the market, such as age, region, environment, psychology and wages (Hall, Jones and Raffo, 2010).
While this seems like a lot of work, the rubric we were given included the specific pieces and parts of each segment (demographics, psychographics, behavioral and geographics) which broke the segments down in a easy-to-understand manner. The customer analysis needed to be shown through words so we typed out each portion with word art and cut them out, glueing them in an organized fashion with demographics in one corner, while psychographics were neatly organized in another.