10 Niche Marketers:
1. Bronson & Bronson
2. EB Games
3. Popeyes Supplement Store
4. PetCetra
5. Bass Pro Shops
6. Pro Hockey Life
7. Produce Town
8. SunGlasses Hut (SGH)
9. Dre Beats
10. Toys R Us
10 Mass Marketers
1. McDonalds
2. Subway
3. Wal Mart
4. Costco
5. Toyota
6. Apple
7. BlackBerry
8. SportChek
9. Dell
10. Under Armour
Wednesday, 29 February 2012
Thursday, 23 February 2012
Millennials
The Milliennials generation is those born between 1977 and 1994. They make up 20% of the world population today including 70 million in the United States. Some people feel that there are 3 major characteristics describing the Millennial generation: 1) They are racially and ethnically diverse, 2) They are extremely independent because of divorce, day care, single parents, latch key parenting, and the technological revolution that they are growing up alongside, and 3) They feel empowered; thanks to overindulgent parents, they have a sense of security and are optimisticabout the future. Personally I agree with all of these statements, especially number two because divorce rates have increased tremendisally and that we are very technological due to the rise of technology every year.
Monday, 13 February 2012
My Consumer Profile
Your Consumer Profile:
Segmentation Factor
|
Specifically:
|
How you would be described?
|
Demographics
|
Age
|
16
|
Gender
|
male
| |
Income
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$7500 per year
| |
Family Life Cycle
|
Living with parents
| |
Other?
| ||
Psychographics
|
Lifestyle
|
Athletic, social, humorous
|
Taste in Music
|
Country and rap
| |
Attitude towards health
|
Watch what I eat and stay active
| |
Celeb you most admire
|
Katy Perry
| |
Sports/fitness involvement
|
Hockey, volleyball, baseball, golf
| |
Extracurricular activities
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Hunting, fishing
| |
Other?
| ||
Geographics
|
Urban, Suburban, Rural
|
rural
|
Behavioural
(you may want to think of a particular product that you use often or is new to you)
|
Benefits sought
|
Quality and reasonably priced
|
Loyalty
|
Buy from a variety of different brands(
| |
Usage
|
Regular usage
| |
Occasions
|
Start of hockey season
| |
User Status
|
regular
|
Thursday, 9 February 2012
Coca Cola vs. Pepsi
Coke or Pepsi? This is a frequently debated topic today on which company is able to produce the better product, promotion, price, and place. As it comes down to those four categories, Pepsi reigns over Coca Cola. Pepsi is able to promote their product using many different celebrities over the years such as Michael Jackson, Britney Spears, Ray Charles, Christina Aguilera, Mariah Carey, Snoop Dogg and NASCAR speedway driver Jeff Gordon. Although Pepsi was a imitation of Coca Cola created in 1898 by a pharmacist from North Carolina named Caleb D. Bradham, they were still able to create a better run company than Coca Cola. Not only does Pepsi own Pepsi-Cola, they own Gatorade, Frito Lay, Quaker and Tropicana. These other four companies are some of the biggest name in the food and drink industry out there and helps Pepsi raise their popularity. The video below shows the competitiveness between Coca Cola and Pepsi.
http://www.youtube.com/watch?v=0LnJskwydvM
http://www.youtube.com/watch?v=0LnJskwydvM
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