week 2 Discussion post:
Segmenting Business Markets
Prior to completing this assignment, read Chapter 7. This threaded discussion assignment will concentrate on geodemographic and psychographic segmentation. You will find information about these subjects within your textbook.
Part 1: To experiment with geodemography, use Clarita’s geoclustering tool locatedhere.hereClick on the "Zip Code Lookup" tab at the top of the page. Use your current zip code or another zip code where you lived previously. Since you are not a member of Clarita’s, you will not have access to all of the bells and whistles the site offers, but you will be able to examine a description of each of the PRIZM clusters that Clarita’s reports for your zip code.You may find it helpful to print each PRIZM cluster profile or copy it into a Word document for analysis, because you must re-enter your zip code each time you view a cluster.After analyzing all of the PRIZM clusters for your zip code, report on your findings. List the clusters by name than answer the following quesitons. Do you feel that the clusters adequately describe the people of your zip code? Which cluster did you feel came closest to describing you? In what ways did the PRIZM cluster description match you? In what ways did it not match you? How might a company use geodemography to aid in its segmentation and targeting?
- MyBestSegmentsMyBestSegments
Part 2: To experiment with psychographic segmentation, discover what VALS type you are by going tohttp://www.strategicbusinessinsights.com/vals/presurvey.shtmlhttp://www.strategicbusinessinsights.com/vals/presurvey.shtmland taking the VALS Survey. Report on your primary and secondary VALS segment profile (provide the description, not just the segment name). Do you think the results of the survey accurately describe you? Why or why not? From a practical standpoint, how might a company use VALS?
Post Part 1 and Part 2 by Wednesday.
- Strategic Business Insights - The US VALS SurveyStrategic Business Insights - The US VALS Survey
Remember to make at least two quality peer responses by Sunday!
To answer this particular question, click the link above. Once you are in the forum, click the “Create Thread” button to view the question again, as well as, create and submit your answer.
Week 2 Assignment:2
PG&E Case Study
Read the PG&E Case Below. analyze the case by answering the following questions:
- PG&E CasePG&E CaseWord Document(302 KB)
- Who are the target customers and what are their motivations to save energy? How can a marketer segment this audience in a meaningful way? (Hint: See Case Study Attachment A for the list of industries served.)
- What are the media habits of the target market? Is there anything special about the media habits of small and medium-sized businesses and their leadership that one should consider?
- What are the challenges facing PG&E regarding their current integrated marketing communications program?
- What steps of the planning process should PG&E include in its marketing communications?
Write a Case Study Response (i.e, Report) 2 pages long answering these questions in your essay response, and not a summary of the case. Review the rubric. Make sure you cite any references used properly (APA style) and submit your report by Saturday before midnight.
Original work is expected. Grammar and spelling will be graded also.
Click on the "Week Two Assignment - Case Study" link above to submit your assignment, as well to get more information regarding the due date and grading rubric.