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	<title>teachthe4ps.com &#187; Segmentation</title>
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	<link>http://teachthe4ps.com</link>
	<description>For instructors of marketing.</description>
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		<title>How should financial services firms adapt a marketing mix for women?</title>
		<link>http://teachthe4ps.com/consumer-behavior/how-should-financial-services-firms-adapt-a-marketing-mix-for-women/</link>
		<comments>http://teachthe4ps.com/consumer-behavior/how-should-financial-services-firms-adapt-a-marketing-mix-for-women/#comments</comments>
		<pubDate>Thu, 10 May 2012 21:40:12 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Consumer behavior]]></category>
		<category><![CDATA[Segmentation]]></category>
		<category><![CDATA[Service]]></category>
		<category><![CDATA[Targeting]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=4053</guid>
		<description><![CDATA[The financial services industry believes it may have identified a new and underserved target market &#8212; women.  More than a quarter of all the world&#8217;s millionaires are women &#8212; and that number is growing.  In the U.S., women control$8 trillion in assets with that number expected to grow to $20 trillion by 2020.  This Wall [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2012/05/WomenInvestors1.jpg"><img class="alignright size-medium wp-image-4056" title="WomenInvestors" src="http://teachthe4ps.com/wp-content/uploads/2012/05/WomenInvestors1-143x150.jpg" alt="" width="143" height="150" /></a>The financial services industry believes it may have identified a new and underserved target market &#8212; women.  More than a quarter of all the world&#8217;s millionaires are women &#8212; and that number is growing.  In the U.S., women control$8 trillion in assets with that number expected to grow to $20 trillion by 2020.  This <em>Wall Street Journal</em> article &#8220;<a href="http://online.wsj.com/article/SB10001424052970204190504577040402069714264.html" target="_blank">Clients from Venus,</a>&#8221; (April 30, 2012 &#8211; <a href="https://www.google.com/search?q=%22Clients+from+Venus%2C%22+&amp;ie=utf-8&amp;oe=utf-8&amp;aq=t&amp;rls=org.mozilla:en-US:official&amp;client=firefox-a" target="_blank">non-subscribers may need to click here</a>) explains how women investors have different needs than men.</p>
<p>The article might have broad interest in an introductory marketing class &#8212; as many of your finance and accounting majors might be considering post-college work as financial advisers or in insurance sales  The article might stimulate discussion about how financial services firms might better adapt marketing mixes to better meet the needs of this target market.  A prime area for discussion could be the sales force &#8212; it might be interesting to ask how sales training should be adapted to address this market.  Students might also be encouraged to think about how to adapt a website, advertising, and products.  This article with some of these questions has been posted at <a href="http://www.learnthe4ps.com" target="_blank"><em>Learn the 4 Ps</em></a>.</p>
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		<item>
		<title>Ad-Supported Software Targets Specialized B2B Markets</title>
		<link>http://teachthe4ps.com/b2b/ad-supported-software-targets-specialized-b2b-markets/</link>
		<comments>http://teachthe4ps.com/b2b/ad-supported-software-targets-specialized-b2b-markets/#comments</comments>
		<pubDate>Fri, 04 May 2012 13:29:36 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[Price]]></category>
		<category><![CDATA[Promotion]]></category>
		<category><![CDATA[Segmentation]]></category>
		<category><![CDATA[Media]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=4011</guid>
		<description><![CDATA[This Bloomberg BusinessWeek article, &#8220;Coming Soon to Your Desktop at Work:  Ads&#8221; (April 19) exposed me to new media useful in targeting highly specialized B2B markets &#8211; including doctors, accountants, and IT professionals.  The software is free to the user, in exchange for watching ads.  Advertisers pay up to $200 per thousand views &#8212; almost [...]]]></description>
			<content:encoded><![CDATA[<p>This <em>Bloomberg BusinessWeek</em> article, &#8220;<a href="http://www.businessweek.com/articles/2012-04-19/coming-soon-to-your-desktop-at-work-ads" target="_blank">Coming Soon to Your Desktop at Work:  Ads</a>&#8221; (April 19) exposed me to new media useful in targeting highly specialized B2B markets &#8211; including doctors, accountants, and IT professionals.  The software is free to the user, in exchange for watching ads.  Advertisers pay up to $200 per thousand views &#8212; almost 20 times what they pay for Facebook ads.</p>
<p>This provides a nice B2B example when you talk about segmentation and targeting, media or advertising.  The business model also could be used as an example of an alternative pricing model for software.</p>
<p>&nbsp;</p>
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		<title>Is &#8220;This is How We Dew&#8221; It to Appeal to Young Blacks and Latinos?</title>
		<link>http://teachthe4ps.com/segmentation/this-is-how-we-dew-it-when-we-want-to-appeal-to-young-blacks-and-latinos/</link>
		<comments>http://teachthe4ps.com/segmentation/this-is-how-we-dew-it-when-we-want-to-appeal-to-young-blacks-and-latinos/#comments</comments>
		<pubDate>Fri, 04 May 2012 13:23:40 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Demographics]]></category>
		<category><![CDATA[New-product development]]></category>
		<category><![CDATA[Segmentation]]></category>
		<category><![CDATA[African American]]></category>
		<category><![CDATA[Hispanic]]></category>
		<category><![CDATA[Targeting]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=4036</guid>
		<description><![CDATA[According to &#8220;Mountain Dew Wants Some Street Cred&#8221; (Bloomberg Businessweek, April 26, 2012) Mountain Dew accounts for 20% of PepsiCo&#8217;s US soft drink sales.  The brand is especially popular in the southeastern part of the country &#8212; even outselling Coca Cola in convenience stores in Coke&#8217;s home state of Georgia.  Mountain Dew&#8217;s customer demographics skew [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2012/04/MtnDewLiveWire.jpg"><img class="alignright size-medium wp-image-4038" title="MtnDewLiveWire" src="http://teachthe4ps.com/wp-content/uploads/2012/04/MtnDewLiveWire-112x150.jpg" alt="" width="112" height="150" /></a>According to &#8220;<a href="http://www.businessweek.com/articles/2012-04-26/mountain-dew-wants-some-street-cred" target="_blank">Mountain Dew Wants Some Street Cred</a>&#8221; (<em>Bloomberg Businessweek</em>, April 26, 2012) Mountain Dew accounts for 20% of PepsiCo&#8217;s US soft drink sales.  The brand is especially popular in the southeastern part of the country &#8212; even outselling Coca Cola in convenience stores in Coke&#8217;s home state of Georgia.  Mountain Dew&#8217;s customer demographics skew to young whites &#8211; a slow growth demographic.  So the company has been trying to reach out to young Latinos and blacks.</p>
<p>This short article touches on many different elements of marketing &#8212; demographics, targeting, new product development, and advertising.  You could describe the demographic issue in a couple of slides, show the ad below &#8212; part of the new &#8220;This is How We Dew&#8221; campaign &#8212; and then ask students what else Mountain Dew could do to appeal to these new target markets.  We have also posted this over at <a href="http://www.learnthe4ps.com" target="_blank"><em>Learn the 4 Ps</em></a>.</p>
<p><object width="480" height="274" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/ElDVzaswK7k?version=3&amp;hl=en_US&amp;rel=0" /><param name="allowfullscreen" value="true" /><embed width="480" height="274" type="application/x-shockwave-flash" src="http://www.youtube.com/v/ElDVzaswK7k?version=3&amp;hl=en_US&amp;rel=0" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
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		<title>Kia takes aim at the 25-40 year old male &#8212; and maybe boomers who wish they were younger</title>
		<link>http://teachthe4ps.com/promotion/kia-takes-aim-at-the-25-40-year-old-male-and-maybe-boomers-who-wish-they-were-younger/</link>
		<comments>http://teachthe4ps.com/promotion/kia-takes-aim-at-the-25-40-year-old-male-and-maybe-boomers-who-wish-they-were-younger/#comments</comments>
		<pubDate>Sat, 21 Apr 2012 19:06:39 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Demographics]]></category>
		<category><![CDATA[Promotion]]></category>
		<category><![CDATA[Segmentation]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=3980</guid>
		<description><![CDATA[OK, it is a bit sexist, but so is a lot of advertising.  I like that it speaks directly to its target audience &#8212; the 18-40 year old male.]]></description>
			<content:encoded><![CDATA[<p>OK, it is a bit sexist, but so is a lot of advertising.  I like that it speaks directly to its target audience &#8212; the 18-40 year old male.</p>
<p><object width="480" height="274" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/lHZbXvts0LE?version=3&amp;hl=en_US&amp;rel=0" /><param name="allowfullscreen" value="true" /><embed width="480" height="274" type="application/x-shockwave-flash" src="http://www.youtube.com/v/lHZbXvts0LE?version=3&amp;hl=en_US&amp;rel=0" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
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		<title>Evolving consumer behavior: &#8220;More men taking reins of the cart&#8221;</title>
		<link>http://teachthe4ps.com/consumer-behavior/evolving-consumer-behavior-more-men-taking-reins-of-the-cart/</link>
		<comments>http://teachthe4ps.com/consumer-behavior/evolving-consumer-behavior-more-men-taking-reins-of-the-cart/#comments</comments>
		<pubDate>Mon, 02 Jan 2012 14:26:00 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Consumer behavior]]></category>
		<category><![CDATA[Retailing]]></category>
		<category><![CDATA[Segmentation]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=3487</guid>
		<description><![CDATA[Retailers and packaged goods makers are responding to a shift in consumer shopping behavior.  According to a study by ESPN (yes the sports channel, which may have a vested interest here), 31% of men nationwide are the primary grocery shopper &#8212; up from just 14% in 1985.  So how have retailers better appeal to this [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2011/12/manaisle.jpg"><img class="alignright size-medium wp-image-3488" title="manaisle" src="http://teachthe4ps.com/wp-content/uploads/2011/12/manaisle-127x150.jpg" alt="" width="127" height="150" /></a>Retailers and packaged goods makers are responding to a shift in consumer shopping behavior.  According to a study by ESPN (yes the sports channel, which may have a vested interest here), 31% of men nationwide are the primary grocery shopper &#8212; up from just 14% in 1985.  So how have retailers better appeal to this new grocery shopping man?  Some are creating &#8220;man aisles&#8221; that put all that &#8220;man stuff&#8221; in one aisle instead of having is spread across several aisles.  Read more examples and details in &#8221;<a href="http://www.chicagotribune.com/business/ct-biz-1227-outlook-grocery-20111227,0,1110766,full.story" target="_blank">More men taking reins of the cart</a>&#8221; (<em>Chicago Tribune, </em>December 27, 2011).</p>
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		<title>Vicks Combines Google Data and Mobile to Sell New Thermometer</title>
		<link>http://teachthe4ps.com/promotion/vicks-combines-google-data-and-mobile-to-sell-new-thermometer/</link>
		<comments>http://teachthe4ps.com/promotion/vicks-combines-google-data-and-mobile-to-sell-new-thermometer/#comments</comments>
		<pubDate>Fri, 23 Dec 2011 20:41:21 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Demographics]]></category>
		<category><![CDATA[Promotion]]></category>
		<category><![CDATA[Segmentation]]></category>
		<category><![CDATA[Mobile]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=3472</guid>
		<description><![CDATA[This article, &#8220;Using Google&#8217;s Data to Reach Consumers&#8221; (New York Times, December 22, 2011) describes a clever campaign Vicks used for its new Behind Ear Thermometer.  To identify a target market Vicks&#8217; marketing managers first looked to smartphone users who were more likely to buy the $40 thermometer.   They ran ads on popular apps [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2011/12/vicks1.jpg"><img class="alignright size-medium wp-image-3473" title="vicks1" src="http://teachthe4ps.com/wp-content/uploads/2011/12/vicks1-117x150.jpg" alt="" width="117" height="150" /></a>This article, &#8220;<a href="http://www.nytimes.com/2011/12/23/business/media/using-googles-data-to-sell-thermometers-to-mothers.html" target="_blank">Using Google&#8217;s Data to Reach Consumers</a>&#8221; (<em>New York Times</em>, December 22, 2011) describes a clever campaign Vicks used for its new <a href="http://www.behindear.com/" target="_blank">Behind Ear Thermometer</a>.  To identify a target market Vicks&#8217; marketing managers first looked to smartphone users who were more likely to buy the $40 thermometer.   They ran ads on popular apps like Pandora, which also allowed them to target demographic characteristics, including gender and whether a user was a parent.  Next, it turned to <a href="http://www.google.org/flutrends/us/#US" target="_blank">Google Flu Trends</a> an online database that shows which parts of the country have greater flu activity.  Vicks targeted parents in high flu incidence areas who received banner ads stating:  &#8220;Flu levels in your area are high, be prepared with Vicks revolutionary Behind Ear Thermometer.&#8221;  If they tapped the ad, location services told them of the nearest retailer carrying the thermometer.</p>
<p>This case study is one of the best examples of digital advertising I have read lately.  A nice example of using analytics to identify a target market and a great use of mobile advertising.</p>
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		<title>Lego targets girls &#8212; again</title>
		<link>http://teachthe4ps.com/product/lego-targets-girls-again/</link>
		<comments>http://teachthe4ps.com/product/lego-targets-girls-again/#comments</comments>
		<pubDate>Sat, 17 Dec 2011 20:08:34 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Marketing strategy planning]]></category>
		<category><![CDATA[New-product development]]></category>
		<category><![CDATA[Product]]></category>
		<category><![CDATA[Segmentation]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=3459</guid>
		<description><![CDATA[Lego is the world&#8217;s most admired toy company.  It hasn&#8217;t always been that way &#8212; back in 2004, the company teetered on the brink of bankruptcy as it lost a million dollars a day.  In Basic Marketing we have a great chapter opening case scenario that uses Lego.  This was one of my favorite openers [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2011/12/3933-lego-friends.jpeg"><img class="size-medium wp-image-3460 alignleft" title="3933-lego-friends" src="http://teachthe4ps.com/wp-content/uploads/2011/12/3933-lego-friends-150x129.jpg" alt="" width="150" height="129" /></a>Lego is the world&#8217;s most admired toy company.  It hasn&#8217;t always been that way &#8212; back in 2004, the company teetered on the brink of bankruptcy as it lost a million dollars a day.  In <em>Basic Marketing</em> we have a great chapter opening case scenario that uses Lego.  This was one of my favorite openers to write.  <em>Bloomberg Businessweek</em>&#8216;s cover story &#8220;<a href="http://www.businessweek.com/magazine/lego-is-for-girls-12142011.html" target="_blank">Lego is for Girls</a>&#8221; (December 14, 2011) provides the latest chapter in this story.  The article provides some insights on the development of the latest marketing strategy for Lego.  This one targets girls.  The article includes a bit of history &#8211; showing some of the toymaker&#8217;s previous failed attempts to appeal to girls.</p>
<p>The article provides some good examples for market segmentation (boys v. girls, differences in play across international markets), market research (researchers &#8220;embedded&#8221; with families to observe how Lego kids live and play), and product strategy (product design to appeal to girls).  The result is the Lego Friends line of toys.  Lego has put $40 million behind its global marketing effort.  Still it might be a while before we know if this will work.  Lego decided to wait until after the holidays to launch the new line.  Given the importance of Christmas to toy sales, it might be a year or two before we know if Lego has finally cracked the code for the other 50% of the toy market.</p>
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		<title>Harley-Davidson Adapts its Marketing Strategy to Ride Out the Recession</title>
		<link>http://teachthe4ps.com/product/harley-davidson-adapts-its-marketing-strategy-to-ride-out-the-recession/</link>
		<comments>http://teachthe4ps.com/product/harley-davidson-adapts-its-marketing-strategy-to-ride-out-the-recession/#comments</comments>
		<pubDate>Sat, 05 Nov 2011 16:38:37 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Marketing strategy planning]]></category>
		<category><![CDATA[Positioning]]></category>
		<category><![CDATA[Product]]></category>
		<category><![CDATA[Promotion]]></category>
		<category><![CDATA[Segmentation]]></category>
		<category><![CDATA[Strategy planning]]></category>
		<category><![CDATA[Costs]]></category>
		<category><![CDATA[economic environment]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=3259</guid>
		<description><![CDATA[Harley-Davidson&#8217;s sales of premium motorcycles  have suffered in the recession &#8212; falling more than 40% from its 2006 peak.  Harley cut costs with more efficient manufacturing and labor cuts.  It has also carefully adapted its marketing strategy.  For one, the company is trying to broaden its target market &#8212; trying to lure women, minorities, young [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2011/11/harley_logo.gif"><img class="alignleft size-medium wp-image-3264" title="harley_logo" src="http://teachthe4ps.com/wp-content/uploads/2011/11/harley_logo-150x115.gif" alt="" width="150" height="115" /></a>Harley-Davidson&#8217;s sales of premium motorcycles  have suffered in the recession &#8212; falling more than 40% from its 2006 peak.  Harley cut costs with more efficient manufacturing and labor cuts.  It has also carefully adapted its marketing strategy.  For one, the company is trying to broaden its target market &#8212; trying to lure women, minorities, young adults and people outside the U.S.  It must target these new markets with caution; Harley doesn&#8217;t want to dilute its carefully crafted macho image.  Harley&#8217;s marketing chief notes, &#8220;We&#8217;re not trying to be everything to everyone, we&#8217;re trying to be our thing to more people.&#8221;  So Harley has adapted its promotion and products to appeal to new segments.  This is not an easy task &#8212; and your macho image might be lost when riders look around and see a growing number of women riding Harleys.  The article provides a nice example to use with marketing strategy planning for product or promotion.  You could ask students for other ideas about how to adapt the company&#8217;s strategy for these new target markets.</p>
<p>You can read more about Harley&#8217;s efforts in this <em>Wall Street Journal </em>article, &#8220;<a href="http://online.wsj.com/article/SB10001424052970204505304576655244217556816.html" target="_blank">Harley, With Macho Intact, Tries to Court More Women</a>&#8221; (October 31, 2011, <a href="http://www.bing.com/search?q=%22Harley%2C+With+Macho+Intact%2C+Tries+to+Court+More+Women%22&amp;go=&amp;qs=n&amp;sk=&amp;form=QBLH" target="_blank">non-subscribers may need to click here</a>).  Also posted at <a href="http://www.learnthe4ps.com" target="_blank"><em>Learn the 4 Ps</em></a>.</p>
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		<title>Ban Food Marketing to Kids?</title>
		<link>http://teachthe4ps.com/segmentation/ban-food-marketing-to-kids/</link>
		<comments>http://teachthe4ps.com/segmentation/ban-food-marketing-to-kids/#comments</comments>
		<pubDate>Tue, 18 Oct 2011 23:46:40 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Legal]]></category>
		<category><![CDATA[Segmentation]]></category>
		<category><![CDATA[Corporate social responsibility]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=3184</guid>
		<description><![CDATA[Should the U.S. government ban food marketing to kids?  Should kids cereals no longer include cartoon characters, free prizes inside, and other promotions directed at children?  That is the position taken by one side in a debate at USA Today &#8220;Ban food marketing to kids&#8221; (October 16, 2011).  The other side of the debate can [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2011/10/food-marketing-kids.jpg"><img class="alignright size-medium wp-image-3190" title="food-marketing-kids" src="http://teachthe4ps.com/wp-content/uploads/2011/10/food-marketing-kids-128x150.jpg" alt="" width="128" height="150" /></a>Should the U.S. government ban food marketing to kids?  Should kids cereals no longer include cartoon characters, free prizes inside, and other promotions directed at children?  That is the position taken by one side in a debate at USA Today &#8220;<a href="http://www.usatoday.com/news/opinion/story/2011-10-16/Campaign-Commercial-Free-Childhood/50796254/1" target="_blank">Ban food marketing to kids</a>&#8221; (October 16, 2011).  The other side of the debate can be read in &#8220;<a href="http://www.usatoday.com/news/opinion/editorials/story/2011-10-16/food-marketing-to-kids/50796334/1" target="_blank">Food fight over marketing to kids misses the mark</a>&#8221; (USA Today, October 16, 2011), which advocates new voluntary guidelines created by the food industry.  We have also posted this over at <em><a href="http://www.learnthe4ps.com" target="_blank">Learn the 4 Ps</a></em> with some questions for our students to answer.</p>
<p>The debate could be extended into your classrooms when you cover ethics, legal, or corporate social responsibility &#8212; which comes in the first and last chapters of our books.  It could also be discussed in the segmentation chapters (we have an Ethics Exercise on a topic relevant to this in our segmentation chapter) or in ethics when covering promotion or product.</p>
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		<title>P&amp;G Targets Hispanic Shoppers in the U.S.</title>
		<link>http://teachthe4ps.com/consumer-behavior/pg-targets-hispanic-shoppers-in-the-u-s/</link>
		<comments>http://teachthe4ps.com/consumer-behavior/pg-targets-hispanic-shoppers-in-the-u-s/#comments</comments>
		<pubDate>Tue, 04 Oct 2011 17:56:14 +0000</pubDate>
		<dc:creator>Joe Cannon</dc:creator>
				<category><![CDATA[Consumer behavior]]></category>
		<category><![CDATA[Demographics]]></category>
		<category><![CDATA[Product]]></category>
		<category><![CDATA[Segmentation]]></category>
		<category><![CDATA[Cross-cultural]]></category>
		<category><![CDATA[Hispanic]]></category>

		<guid isPermaLink="false">http://teachthe4ps.com/?p=3050</guid>
		<description><![CDATA[With sales slow in the U.S., Procter &#38; Gamble brand managers are looking to sharpen their appeal to the growing Hispanic market.  In 2010, there were about 50 million Hispanic-Americans living in the U.S.  In our books we cover this demographic trend in chapter 5 (Basic Marketing) or chapter 3 (Essentials of Marketing).  Obviously P&#38;G [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://teachthe4ps.com/wp-content/uploads/2011/09/pghispanic.jpg"><img class="alignleft size-medium wp-image-3051" title="pghispanic" src="http://teachthe4ps.com/wp-content/uploads/2011/09/pghispanic-150x109.jpg" alt="" width="150" height="109" /></a>With sales slow in the U.S., Procter &amp; Gamble brand managers are looking to sharpen their appeal to the growing Hispanic market.  In 2010, there were about 50 million Hispanic-Americans living in the U.S.  In our books we cover this demographic trend in chapter 5 (<a href="http://mhhe.com/fourps" target="_blank"><em>Basic Marketing</em></a>) or chapter 3 (<a href="http://mhhe.com/fourps" target="_blank"><em>Essentials of Marketing</em></a>).  Obviously P&amp;G sees this growing market these numbers.  So its crack marketing research uncovered new ways to appeal to this market.  This article, &#8220;<a href="http://online.wsj.com/article/SB10001424053111904491704576570623802880198.html" target="_blank">Hola:  P&amp;G Seeks Latino Shoppers</a>&#8221; (<em>Wall Street Journal</em>, September 15, 2011, <a href="http://www.google.com/search?q=%22Hola%3A+P%26G+Seeks+Latino+Shoppers%22&amp;ie=UTF-8" target="_blank">non-subscribers may need to click here</a>) highlights efforts in packaging and product.</p>
<p>This example will work well when you cover demographic trends, market segmentation, cross-cultural, or product &#8212; since most of the examples in the article have to do with adapting product to this market.</p>
<p>&nbsp;</p>
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