Matakuliah : J0114/Manajemen Pemasaran Tahun : 2008 Creating Demand Pertemuan 7 Learning Outcomes Students are capable of demonstrating elements that shape targeted market definition Bina Nusantara Material Outline • • • • • • Geographic factors Demographic factors Psychographic factors Sociocultural factors Beneficial factors Consumer internal factors Bina Nusantara Geographic Factors • Location of the potential target market such as: – Country – City size: • Metropolitan area, small city, town – City: • Jakarta, london, paris – Climate: • Temperature, humid, hot – Density or area: • Urban, suburban, rural Bina Nusantara Demographic Factors • Income/spending: – The economic classes determine the level of purchasing power of the target group. Normally calculated in year • Sex or gender: – Different sex would have different interests on certain products and/or services • Age: – Different age would have different needs • Marital status: – Married couple would certainly require different things as compared to a single person Bina Nusantara Demographic Factors • Education: – This determines another type of interest. For a highly educated person, books are important. However, for less educated people, they would be happy to spend their time watching TV and would not miss the existence of a book at all. • Profession: – Business executives pay more attention on how they look they need to impress their clients. • Hobby: Bina Nusantara Psychographic Factors • Lifestyle: – The way one runs his/her life – Things of value which he/she holds onto, which influence his/her preference toward certain products or services: • • • • • Bina Nusantara Economy-minded Prestige conscious Homebody person Outdoor lover Sport oriented Psychographic Factors • • • • Personality, Perception Learning involvement Attitudes and need motivation: – – – – – Bina Nusantara Extrovert, introvert, aggressive, attention seeker Low risk, high risk, Low involvement, high involvement Positive attitude, negative attitude Safety Sociocultural Factors • • • • • • Culture Religion Social class Individual life cycle Family cycle Subcultures Bina Nusantara Beneficial Factors • Emotional benefit • Emotional support obtain due to the usage of the product: – Convenience – Social acceptance – Long lasting • Economic benefit – Value for money Bina Nusantara Consumer Internal Factors • Usage period: – Morning, night, rush hour, working time • Usage goal: – Own consumption, gift, snack, fun • Location of usage: – Work place, nieghborhood, in-store • Role of buying process: – Advisor, buyer not payer, non buyer decision maker Bina Nusantara Conclusions: • Demographic factor looks on location of the potential target market • Psychographic factors looks on Lifestyle: – The way one runs his/her life – Things of value which he/she holds onto, which influence his/her preference toward certain products or services: • • • • • • • Socioculture looks on: Culture Religion Social class Individual life cycle Family cycle Subcultures Bina Nusantara Conclusions: • Internal Consumers factors look on : – Usage period: • Morning, night, rush hour, working time – Usage goal: • Own consumption, gift, snack, fun – Location of usage: • Work place, nieghborhood, in-store – Role of buying process: • Advisor, buyer not payer, non buyer decision maker Bina Nusantara