ENTR Dept Social Media Project

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ENTR Dept Social Media Project:

ENTR Dept Social Media Project ENTR 6100 Summer 2011

Preliminary Targeting & Segmentation:

Preliminary Targeting & Segmentation The following charts illustrates one way to create Preliminary Target Market Potential Segments Revised Target Market Targeting and Segmentation There are multiple ways to define Iterative - A degree of judgment

MBA Target Market:

MBA Target Market

Preliminary Screening:

Preliminary Screening Affordability Geography Needs Wants

MBA Segments:

MBA Segments

MBA Segments:

MBA Segments Alignment Idea Problem

MBA Segments:

MBA Segments Select Segments Select Tactics

Discussion:

Discussion Note: this process of Segmentation and Targeting shown here is a distilled version. Targeting and Segmentation is vastly more complex. You can view Nielsen's Claritas site to see the complexity of Segmentation http://www.claritas.com/MyBestSegments/Default.jsp?ID=20 Segmentation is relevant to many other business problems beyond our social media project.