Segmenting, targeting and positioning(STP) formed - PowerPoint PPT Presentation

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Segmenting, targeting and positioning(STP) formed

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Title: Segmenting, targeting and positioning(STP) formed


1
Marketing Management info_at_casestudyhelp.in91
94220-28822
2
  • Marketing Management
  • CASE STUDY (20 Marks)
  • "Segmenting, targeting and positioning"
    (STP) formed the base for marketing strategies of
    any firm. Global organizations used to segment
    the market either continent wise or according to
    the economic development (i.e. developed,
    developing and under developed). But in alcohol
    industry, that might not be the proper criteria,
    as climate and tradition played an important role
    in consumer preference. The industry was
    subdivided into three major categories beer,
    wine and spirit and every market had their
    unique characteristics.

3
  • As branded beer sales accounted for around
    76 percent of total branded alcohol sales, the
    global players were primarily concentrated in
    marketing beer products. Eight out of the top
    nine global alcohol companies were primarily
    breweries. The only exception was Diageo, which
    was the leader in the global spirit market, and
    had presence in all three categories throughout
    the world. Thus, Diageo's global business
    strategies were quite different from the others.
    Diageo had followed a unique STP strategy so as
    to succeed in such complicated and competitive
    environment. Diageo's geographic segmentation was
    quite different from the usual continent wise
    segmentation. Diageo intended to have complete
    category participation, rather than solely
    focusing on individual brands within categories.
    Accordingly, Diego's marketing and investment
    strategies also differed in different
    geographical segments.

4
  • Answer the following question.
  • Q1. Give the trends and structure of global
    Alcoholic Industry in detail.
  • Q2. Explain the concept of "Segmenting, Targeting
    and Positioning" (STP) with respect to alcoholic
    beverage industry.
  • Q3. Analyze the possible threats for a
    differentiating marketing strategy

5
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