How different businesses use market segmentation.

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P5

Task 1

Radio 1 Extra– Radio 1 extra just like all the other radio stations need to recognize their market segment and are able to relate to them so they keep on listening to their radio station.

Radio 1 extra isn’t a radio station that appeals to everyone; they have targeted only a few market segments. There are several ways Radio 1 extra can segment and define their markets.

One way Radio 1 extra segment their market is by age. Most people who listen to the type of music that they play are young people aged from around 18-30. This is because they listen to newer types of music and more mainstream music rather than listening to music which is quite old. This is shown because they play more mainstream and new music which is in the charts rather than music which are considered ‘classics’.

Another way Radio 1 extra segment their market is by lifestyle/music.  Most people who listen to Radio 1 extra are people who are young have either working lives or go to university. Because of this they tend to just listen to music that’s in the charts and is popular. So Radio 1 extra shows this by playing on demand music as this is the type of music their target market listen to.

Another way Radio 1 extra segment their market is by the times of the day. Because in the working hours of the day they will play music that is in the charts and popular because everybody knows the song and they are more likely to like listening to it. However late at night they will play less popular music and more unheard of songs. This is because less people will be listening to it so they don’t need to play the music that’s in demand.

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Pom Bear’s – Pom Bear’s’s like other food companies they need to understand and recognize their target market and are able to recognize that and be able to communicate with them so they keep buying their products.

Pom bears aren’t crisps which are aimed at everyone. Pom bears have targeted families who have little children in their family.

One way Pom bear’s segment their market is by age. Most people who buy Pom bears are usually mums who buy them for their children. We know this because the way they advertise is towards little children, such as there crisps shaped ...

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