Tuesday, May 14, 2013

Ch. 8 - Segmenting and Targeting Market



Moncler began with just supplying consumers luxury products exclusively for the rich and famous. Even though the market of luxury products has increased excessively. Moncler still targets its product at wealthy consumers. And Moncler product is full of creativity, craftsmanship  high quality and expensive or even pricey prices. Which only adds to the product attributes and gives consunsumers gratification of pursing an expensive item.






                                                              Geographic Segmentation.

Moncler Marking strategy has been perfect as far as expending in contries such as China, UK, Germany, Italy, Japan and Austria

                                                             Demographic Segmentation.

Moncler targets both genders, men and women, from 18 to 40 years of age obviously wealthy.
Business men and women with yearly high income.

                                                                Psychographic Segmentation.

Moncler uses psychographic segmentations such as the behavior and shopping habits of consumers to further identify its target market. In countries such as China and Japan people need to show their social status, and wealth. Moncler appeals to these customers with status related drives to make there company more sophisticated. 

No comments:

Post a Comment