Thursday, February 2, 2012

Market Segmentation Continued

EQ - How do assumptions of market segments enable us to determine a profitable target market?
  1. Section 4-3 Knowledge Check
  2. Activator - Chalk Board Archery
  3. Discussion- What is a target market?
    1. Market Segmentation Process *
    2. Assumptions (Why do we use market segmentation?)
    3. Qualifiers (How do we know if our selected target market is meaningful?)
  4. Try one together
    1. Discussion Question - What characteristics did we use to segment the market?
  5. TPS - Methods of Market Segmentation
    1. Demographic
    2. Geographic
    3. Psychographic
    4. Behavior-based
  6. TPS -  Show what you know: What methods of market segmentation did we use to determine the target market?

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