This PPT slide, part of the 654-slide Business Unit Strategy Training Program PowerPoint presentation, outlines a framework for customer-based strategies specifically tailored for a coffee bean refinery. It emphasizes the necessity of identifying target customer segments due to the inherent limitations in resources and the impracticality of reaching every potential customer. The central focus is on the customer, with various strategic elements branching out from this core.
The first element is "Segmentation by objectives," which highlights key factors such as high caffeine content, brand image, and taste preferences. These factors are critical in determining how to effectively position the product in the market. The segmentation process allows the company to align its offerings with the specific desires of different customer groups.
Next, the slide addresses "Targeted customers," indicating a focused approach towards specific demographics, particularly coffee connoisseurs in California and Oregon. This suggests a strategic decision to concentrate efforts on regions with a higher likelihood of demand, rather than spreading resources too thinly across a broader market.
The "Customer coverage" section further breaks down geographical segments, including the Northeast, South, and Midwest, alongside the primary focus on California and Oregon. This geographical segmentation is essential for optimizing marketing and distribution efforts, ensuring that the company can effectively meet the needs of its chosen customer base.
Overall, this slide serves as a practical guide for refining customer strategies in a competitive market. It underscores the importance of targeted segmentation and focused resource allocation, which can lead to more effective market penetration and customer satisfaction.
This slide is part of the Business Unit Strategy Training Program PowerPoint presentation.
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