Wednesday, August 27, 2014

Using Market Segmentation

EQ - How is a customer persona created?
  1. Activator –  Frito-Lay
    • Why are teens receiving so much attention from companies?
    • What caused Frito-Lay to choose some of the partnerships it did?
    • List 2 forms of technology used by Frito-Lay to capture the attention of teen?
    • Would these technologies be the best way to reach teens today? Why or why not?
  2. Revisiting yesterday’s class material (PPT)
    1. TPS - Introduction to Methods of Segmentation (103-105)
      • Demographics
      • Geographics
      • Psychographics
      • Behavior-base
    2. Review Key Words
      • Customer
      • Consumer
      •  Market
      • Market Segments
  3. With a Partner – Choose a sports or entertainment company (not Nike) and assess the core customer base using the methods of segmentation
  4. Introduction of Essential Question
      • Try it Frito-Lay
      • Class Discussion
      • Class Share
      • Muddy Points Grab Bag
      Homework – Parent Product Interview