Market Segmentation, Targeting and Positioning Strategy

Lesson 3/100 | Study Time: 70 Min

Market Segmentation, Targeting and Positioning Strategy


Segmentation, targeting, and positioning form the foundation of customer-focused strategy. Organizations cannot serve every customer equally, so they must identify groups with similar needs and select those they can serve profitably and effectively.




Learning Objectives



  • Apply different segmentation approaches.

  • Evaluate the attractiveness of market segments.

  • Select appropriate targeting strategies.

  • Create a strong positioning statement.




Segmentation Approaches










ApproachExamples
GeographicCountry, city, climate, region, and urban or rural location
DemographicAge, income, occupation, education, and household size
PsychographicLifestyle, values, interests, personality, and attitudes
BehavioralBenefits sought, usage, loyalty, occasions, and readiness
Needs-BasedCustomer problems, desired outcomes, and decision criteria
Value-BasedRevenue, margin, lifetime value, and service cost



Segment Evaluation



  • Size and growth potential

  • Profitability and customer value

  • Competitive intensity

  • Accessibility through channels

  • Strategic fit with organizational capabilities

  • Stability and future relevance




Targeting Strategies



  1. Undifferentiated marketing

  2. Differentiated marketing

  3. Concentrated or niche marketing

  4. Micromarketing and personalization




Positioning Statement


A positioning statement identifies the target customer, category, main benefit, point of difference, and reason to believe. Effective positioning should be relevant, distinctive, credible, sustainable, and easy to communicate.




Positioning Map


A perceptual map visually compares brands according to important customer criteria such as price, quality, innovation, convenience, or prestige. It helps identify crowded positions and possible market gaps.

Muhammad Hali

Muhammad Hali

Product Designer
Profile

Class Sessions

1- Introduction to Marketing and Customer Value 2- Market Research Fundamentals 3- Introduction to Integrated Marketing Communications (IMC) 4- Digital Marketing Strategy Fundamentals 5- Introduction to Marketing Research 6- International Marketing Fundamentals 7- Introduction to Strategic Marketing Management 8- Marketing Evolution and Core Concepts 9- Consumer Behaviour Analysis 10- Marketing Communication Process 11- Website Strategy, UX and Conversion Optimization 12- Defining the Research Problem and Research Design 13- Global Market Entry Strategies 14- Marketing Environment and Strategic Situation Analysis 15- Customer Needs, Wants and Demands 16- Competitive Analysis and Market Positioning 17- Advertising Strategy and Planning 18- Search Engine Optimization and Search Marketing 19- Secondary Data and Competitive Intelligence 20- International Consumer Behaviour 21- Market Segmentation, Targeting and Positioning Strategy 22- The Marketing Environment 23- Digital Brand Management 24- Media Planning and Buying 25- Social Media Strategy and Community Management 26- Qualitative Research Methods 27- Global Branding and Positioning 28- Competitive Strategy and Value Proposition Design 29- Customer Value and Satisfaction 30- Customer Experience Management 31- Digital Advertising & Social Media Marketing 32- Email, Mobile and Marketing Automation 33- Quantitative Research and Survey Design 34- International Pricing and Distribution 35- Growth Strategies and Marketing Innovation 36- Marketing Process and Strategy 37- Innovation and Product Improvement 38- Content Marketing Strategy 39- E-Commerce Strategy and Online Retail Operations 40- Sampling Design and Fieldwork Management 41- International Marketing Communications 42- Strategic Product, Pricing and Channel Decisions 43- The Marketing Mix (4Ps) 44- Brand Communication Strategy 45- Public Relations & Corporate Communication 46- Digital Customer Journey, CRM and Personalization 47- Consumer Behaviour and the Buyer Decision Process 48- Cross-Cultural Negotiation and Relationship Management 49- Strategic Marketing Communications and Brand Alignment 50- Relationship Marketing and Customer Relationship Management (CRM) 51- Marketing Performance Metrics and Analytics 52- Sales Promotion & Direct Marketing 53- Marketing Technology, Data and Privacy 54- Segmentation, Personas and Customer Insight 55- International Marketing Research 56- Marketing Implementation, Organization and Control 57- Ethics and Social Responsibility in Marketing 58- Future Trends in Marketing and Product Management 59- Measuring Advertising Effectiveness & Marketing Analytics 60- Digital Analytics, Attribution and Performance Optimization 61- Data Analysis, Interpretation and Marketing Dashboards 62- Managing Risks in International Marketing 63- Marketing Performance Measurement and Strategic Evaluation 64- Module 1 Case Study and Practical Review 65- Module 5 Case Study and Practical Assessment 66- Developing an Integrated Marketing Communications (IMC) Campaign Plan 67- Developing a Complete Digital Marketing and E-Commerce Plan 68- Preparing and Presenting a Marketing Research Report 69- Developing a Complete International Marketing Plan 70- Developing a Complete Strategic Marketing Plan 71- Introduction to Marketing Research 72- Marketing Information Systems (MIS) 73- Research Design and Planning 74- Primary Data Collection Methods 75- Secondary Data Sources 76- Consumer Behavior Fundamentals 77- Consumer Decision-Making Process 78- Factors Influencing Consumer Behavior 79- Market Segmentation Through Consumer Insights 80- Module 2 Case Study and Practical Review 81- Introduction to Segmentation, Targeting, and Positioning (STP) 82- Market Segmentation Strategies 83- Evaluating Market Segments 84- Target Market Selection 85- Positioning Strategies 86- Creating a Value Proposition 87- Developing Positioning Maps 88- Competitive Positioning 89- STP Strategy in the Digital Age 90- Module 3 Case Study & Practical Review 91- Introduction to Product Strategy 92- Product Life Cycle 93- New Product Development (NPD) 94- Product Portfolio Management 95- Branding Fundamentals 96- Brand Identity and Brand Image 97- Brand Equity and Brand Loyalty 98- Brand Positioning and Brand Architecture 99- Digital Brand Management 100- Module 4 Case Study & Practical Review