2. Targeting
Segmentation extremes - undifferentiated, microsegmentation
Targeting alternatives:
- One product to (a variety of) segments
- A variety of products to one segment.
e.g. Proctor & Gamble's variety strategy - give buyers brand alternative
within the same category
Single segment (e.g. small firm with limited resources)
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Advantages: Gain competitive advantage more easily than
trying to simultaneously target multiple segments; better use of
resources.
Disadvantages: Dependence on one customer group.
|
Selective targeting
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Expands market opportunities and eliminates dependence
on a single market; attractive when some of the same positioning components
can be used for more than a single target. |
Extensive targeting
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Appeal to all or most of the buyers in a product-market
in order to gain a dominant market position |
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