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A Strategy & Marketing Framework
0
2
4
0 2 4
B U S I N E S S N E E D
HAVESOLUTIONS
A t t a c k
A t t e m p t
I n n ov a t e
I g n o re
Size of the circle indicates the relative size of opportunity in that segment
A t t a c k
 This is a ripe market segment with few established players
 A first mover or fast-second can have distinct advantage here
 Strategy: enter fast and capture max market share possible
A t t e m p t
 This is a mature market with several established players
 Significant value addition is needed to target this segment
 Strategy: Same value of other players,but lower cost
I n n ov a t e
 This is an under-served market with very few players overall
 Typically,first-movers may be at a disadvantage here
 Strategy: Innovate to create new needs and radical solutions
I g n o re
 This is an uncertain market, which is not supposed to exist
 This may be an outcome of innovations done for the previous
segment, wherein,solutions were created without proper need
identification and only a small set of early adopters bought them
Madhuranath R © 2013
madhuranath.r@gmail.com

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Target Segment Selection Framework

  • 1. A Strategy & Marketing Framework
  • 2. 0 2 4 0 2 4 B U S I N E S S N E E D HAVESOLUTIONS A t t a c k A t t e m p t I n n ov a t e I g n o re Size of the circle indicates the relative size of opportunity in that segment
  • 3. A t t a c k  This is a ripe market segment with few established players  A first mover or fast-second can have distinct advantage here  Strategy: enter fast and capture max market share possible A t t e m p t  This is a mature market with several established players  Significant value addition is needed to target this segment  Strategy: Same value of other players,but lower cost I n n ov a t e  This is an under-served market with very few players overall  Typically,first-movers may be at a disadvantage here  Strategy: Innovate to create new needs and radical solutions I g n o re  This is an uncertain market, which is not supposed to exist  This may be an outcome of innovations done for the previous segment, wherein,solutions were created without proper need identification and only a small set of early adopters bought them
  • 4. Madhuranath R © 2013 madhuranath.r@gmail.com