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Selling to a Segmented Market Chester A. Swenson

Selling to a Segmented Market By Chester A. Swenson

Selling to a Segmented Market by Chester A. Swenson


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Summary

Written by one of the foremost experts on segmented marketing, this volume shows how businesses can prosper in the rapidly changing, fragmented markets of the 1990s by adopting a new, highly effective marketing strategy--the lifestyle approach.

Selling to a Segmented Market Summary

Selling to a Segmented Market: The Lifestyle Approach by Chester A. Swenson

Written by one of the foremost experts on segmented marketing, this volume shows how businesses can prosper in the rapidly changing, fragmented markets of the 1990s by adopting a new, highly effective marketing strategy--the lifestyle approach. Author Chester Swenson profiles the major and emerging consumer segments, among them the 50-plus generation, women, college students, Hispanics, and African Americans, and shows how to reach these markets through precisely targeted, personalized marketing campaigns that take into account a segment's demographics, attitudes, values, interests, community activities, and affiliations. Successful lifestyle programs introduced by major companies like Reebok, 3M, and Coca-Cola are used throughout the discussion to illustrate aspects of the lifestyle marketing strategy. Swenson also challenges conventional marketing protocols, norms, and wisdom, revealing misconceptions about specific consumer segments and identifying marketing blunders that have resulted from a failure to understand the new market realities.

Swenson begins by exploring the applications of segmented marketing to the global markets of the next decade. He describes the process of lifestyle marketing, which involves creating an affinity or emotional attraction to a particular product or service by linking it with the preferred lifestyles of potential consumers. Frequently, Swenson shows, this is achieved through affiliations with individuals, organizations or activities that are integral to a target consumer segment. He offers tips for arranging endorsements, working with nonprofit associations in cause-related marketing campaigns, and building strategic alliances with other companies. Each of the major market segments is discussed in depth in a separate chapter that not only provides current demographic information but also discusses their media usage, attitudes, affiliations, leisure time activities, and role models. Swenson then looks ahead to pinpoint emerging marketing opportunities offered by Asian-American consumers, military families, and active environmentalists. Certain to become the standard source on lifestyle marketing, Swenson's work will be indispensable for advertising and marketing executives concerned about maintaining the competitive edge in an increasingly fragmented marketplace.

About Chester A. Swenson

CHESTER A. SWENSON is Founder and President of Marketing & Financial Management Enterprises, a well-known segmented marketing firm with offices in California, Michigan, and Texas. His numerous articles on market segmentation and lifestyle marketing have appeared in such publications as Journal of Business Strategy, American Demographics, Management Review, and the Los Angeles Business Journal.

Table of Contents

Preface Introduction Segmentation and the Lifestyle Approach Getting There from Here Secure Adults Women College Students Hispanics African Americans Marketing Through Sports Catching the Tide General Bibliography Index

Additional information

NPB9780899304465
9780899304465
089930446X
Selling to a Segmented Market: The Lifestyle Approach by Chester A. Swenson
New
Hardback
Bloomsbury Publishing Plc
1990-08-13
200
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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