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market planning
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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
situation analysis
looks at the 5 c’s:
company, customers, competitors, collaborators, and climate
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