deca marketing MP

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market planning

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4 Terms

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behavioral segmentation

dividing groups based on their responses to a product

  • occasion response (when they purchase a product for certain events)

  • rate of use: classifies customers as heavy, moderate, light, or nonusers of a product

  • benefits-derived: classifies customers based on the benefits they desire

  • loyalty response: classifies customers based on the devotion and loyalty they feel for a product

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situation analysis

looks at the 5 c’s:

  • company, customers, competitors, collaborators, and climate

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