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Introduction to  Target Marketing Micro Profiling Lecture by: Hasan Raihan [email_address]
What is  Target Marketing ? The Process of  giving … The  right Message … to the  right customer At the  right time
What is  Target Marketing ? What does it mean ?
What is  Target Marketing ? Identifying groups that share common needs Segmenting the market
What is  Target Marketing ? Describing the customers that make up each of these groups Called profiling the segment
What is  Target Marketing ? Allocating resources  in order to optimize the company’s marketing return on investment by targeting resource to customers with the highest sales potential of influence
Why bother? By understanding preferences/needs of customer groups, a manager can ,[object Object],[object Object]
Type of Sales Strategies? ,[object Object],[object Object],[object Object],[object Object]
Type of Sales Strategies? ,[object Object],[object Object],[object Object]
Type of Sales Strategies? ,[object Object],[object Object],[object Object]
Type of Sales Strategies? ,[object Object],[object Object],[object Object]
Type of Sales Strategies? ,[object Object],[object Object],[object Object]
The basic Process: Define your Market Identifying  segmentation Variables Segment the Market Profiling the Segments Select Target  segments Tailor your Message
The basic Process: Define your Market ,[object Object],[object Object]
The basic Process: Identifying  segmentation Variables ,[object Object]
The basic Process: Segment  the Market ,[object Object],[object Object],[object Object]
The basic Process: Profile  the Segments selected ,[object Object],[object Object]
The basic Process: Select Target Segments  ,[object Object],[object Object],[object Object]
The basic Process: Tailor a Message or Product Offer  ,[object Object]
Target Marketing The  right Message … to the  right customer At the  right time

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Micro Profiling

  • 1. Introduction to Target Marketing Micro Profiling Lecture by: Hasan Raihan [email_address]
  • 2. What is Target Marketing ? The Process of giving … The right Message … to the right customer At the right time
  • 3. What is Target Marketing ? What does it mean ?
  • 4. What is Target Marketing ? Identifying groups that share common needs Segmenting the market
  • 5. What is Target Marketing ? Describing the customers that make up each of these groups Called profiling the segment
  • 6. What is Target Marketing ? Allocating resources in order to optimize the company’s marketing return on investment by targeting resource to customers with the highest sales potential of influence
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. The basic Process: Define your Market Identifying segmentation Variables Segment the Market Profiling the Segments Select Target segments Tailor your Message
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20. Target Marketing The right Message … to the right customer At the right time