Tuesday, September 4, 2018

A Deeper Look at Market Segmentation

EQ - How does one find a viable target market?
  1. Activator – Do Now
    1. AP – What is marketing? 
    2. AP – What is a market?
    3. AP – What is a Target Market?
    4. AP – How do we identify a target market?
  2. Digging into the Methods of Market Segmentation - Visual Funnel
    1. Demographics
    2. Geographics
    3. Psychographics
    4. Behavioral
  3. Discussion - Relationship to Mini-Thon?
  4. Together - Clique Evaluation
  5. AP - How has your initial view of students at Donegal changed?
  6. Discussion Question - Which students should you approach to reach the goals of the Mini-Thon Committee
Target Market Analysis - Practice
  1. HOTS - Compare and Contrast
    1. Commercial 1
    2. Commercial 2
      1. What similarities exist between the two TV commercials?
      2. What differences exist between the two TV commercials?
      3. Explain why the similarities and differences exist.
    3. Discussion Question - How do you think customers responded to these ads?
      1. Identify the Target Market
      2. Evaluate the effectiveness of the ad at making a connection with the target market
    4. TPS - If you were a competing company, how would you respond?
      1. Does it look like THIS?  Why or why not?
    5. Discussion Question - Why did the 3rd company respond this way?
  2. AP - Muddy Points Grab Bag

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