Examples of companies using market segmenting

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Timothy Egbivwie

Marketing segmentation

Market segmentation is a strategy that involves dividing a larger market into subsets of consumers who have common needs and applications for the  offered in the market. These subgroups of consumers can be identified by a number of different , depending on the purposes behind identifying the groups. Marketing campaigns are often designed and implemented based on this type of . Segmentation is also when you need to know who your customers are and where they live. Segment means to slit them up to identify who they are.

Vodafone are well established business and target specific customers and most customers that Vodafone targets are business men and women and they also sponsor formula one drivers and they make money from that as well. Vodafone also offer mobile services that includes pay as you go and pay monthly deals and Vodafone also offer broadband services to their potential customers. Vodafone targets both men and women through the use of advertising and Vodafone advertise products on TV for the potential and existing customers. Here below I have Vodafone potential customer age segmentation percentages who buy mobile phones.

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Facebook uses market segmentation by advertising other business on the Facebook website to aim attracting customers with their deals and offers they advertise like games to attract the younger customers. They advertise holidays for the older customers for example the over 18s. They also advertise mobile website this would attract every customer that uses Facebook. They target businesses who want to advertise to their customers. Facebook is a young people site so the customers to Facebook are product and services who want to sell to members of Facebook.

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