The Target Market Strategy for The Bean Break will be for
the ages of 15-23 years old and for customers who enjoy coffee and smoothies
along with some great food. I also want to target creative and artistic
customers as well. “Behavioral Segmentation divides
buyers into segments based on their knowledge, attitudes, uses, or responses to
a product. Many marketers believe that behavior variables are the best starting
point for building market segments.” (Source: Marketing: An Introduction
for Education Management Corporation, page 179) I
know it may be a stereotype, but most artistic people like drinking coffee
along with other hard workers that need it for school and/or a job that has
late hours. “Marketers rarely limit their segmentation analysis to only one or
a few variables. Rather, they often use multiple segmentation bases in an
effort to identify smaller, better-defined target groups.” (Source:
Marketing: An Introduction for Education Management Corporation, page 183) It would be great to have all different types
of customers that enjoy my coffee shop. I think customers who are into exercising
would be great to come into The Bean Break because we will have those fresh,
organic fruit smoothies that they could enjoy. “Such deceptively simple
statements form the backbone of a product’s marketing
strategy.” (Source: Marketing: An
Introduction for Education Management Corporation, page 53) The statement for The Bean Break would be
for the ages of teens to adults who are artistic and exercise daily are the
main targeted customers that I would want, but anyone is welcome to check out
The Bean Break and see what we have to offer and taste the delicious, premium
coffee, smoothies, and food that we will provided. The entertainment would be a
huge target market for my business because it will attract them and bring them
back.
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