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The phenomenon of simultaneous target marketing in contemporary society Jamuel Enriquez
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Page 2 The phenomenon of simultaneous target marketing in contemporary society
The phenomenon of simultaneous target marketing in contemporary society
In the paper ‘’The Bonding of the Media’ by William Leiss, Stephen Kline and Sut
Jhally one the progression of advertising in the last twentieth century was outlined
in four phases. These four phases are: the ‘Product-oriented approach’, ‘Product
Symbols’, ‘Personalization’ and ‘Market Segmentation’ (Leiss et al., 1997). This essay
will focus on the development of ‘Simultaneous target marketing’. This concept
builds on market segmentation to the point where it discusses that markets targeted
by firms are becoming more specified because of increased competition.
Furthermore, as these markets become more specified, they are inevitably smaller
and so it becomes more profitable to target small market clusters simultaneously.
Market segmentation is a research tool to prepare producers with a found strategic
way to promote their product. In this stage, advertising is part of the marketing mix
under promotion. Academically, marketing is seen as a complete process, not only in
place to inform the customer but is in place to understand and anticipate their
needs. Thus advertising is a tool in marketing to help promote a firm’s brand and
their ability to meet their customers’ needs. This essay will give a complete overview
on simultaneous target marketing, especially with its relationship to market
Page 3 The phenomenon of simultaneous target marketing in contemporary society
segmentation. It will focus on answering what the development from market
segmentation to simultaneous target marketing, who uses it, how it is used and
what its relevance to advertising is.
To begin, one must identify the definition of market segmentation. Schiffman
et al. identify that market segmentation can be described as the process of dividing
the market into distinct, smaller groups of customers who share the same
needs/values (Schiffman et. al, 2008). The importance of this is that if firms adopt
market segmentation, they wisely accept the notion that all consumers are different.
One example of this market segmentation can be found online at the Nike Soccer
website, particularly in their range of soccer boots on offer (Nike, 2010). Nike’s
recently released line of soccer boots advertises four new, different types of soccer
boots for four different types of soccer players (Appendix, Figure 1). These boots
include the Mercurial (for players looking for speed), the Tiempo (for players looking
for better touch), the CTR360 (for players looking for better control) and the T90 (for
players looking for better accuracy). This is a good example of market segmentation
as Nike can be seen as targeting four distinct groups of football players (customers).
On the basis of the product, Nike’s most generic offering can be seen plainly as just a
soccer boot. However, upon segmenting their market, Nike has differentiated to
Page 4 The phenomenon of simultaneous target marketing in contemporary society
meet more specific needs of customers adding benefits to their product. In this
case, Nike sees that football players may also be segmented based on their current
or aspired playing style. This example shows marketing segmentation as meeting a
more specified need of a customer. This is example clearly shows Nike using
‘simultaneous target marketing’. As Nike specifies the target market for its products,
they furthermore pursue four target markets at the same time. This shows how
simultaneous target marketing has progressed from traditional marketing methods.
Target marketing moves further than just attempting to satisfy the most basic need
of a consumer, but meets a more specific need as opposed to generic mass
marketing.
Simultaneous target marketing builds on meeting consumer needs more than
just segmenting the market and is indeed a progression of mass marketing,
epitomising the progression of advertising. As Leiss et al have identified, market
segmentation is the latest stage of advertising and has developed from mass
marketing (Leiss et al., 1997). The idea of market segmentation is needed in
simultaneous target marketing, in order to first broadly define a market quality, then
specifying multiple markets in that segment. Though market segmentation still
aggregates customers in order to tap into a profitable group of consumers, it
Page 5 The phenomenon of simultaneous target marketing in contemporary society
involves the pursuit of meeting the basic need of a market in order to understand
their customers better. Marketers can meet their customers’ needs better through
product differentiation. A basic example of this is in the car industry. Imagine if
market segmentation did not occur and there was only one type of car available, a
two door Porsche (Figure 2). Even though this car can meet the most basic need of
transportation, the two-door Porsche may be appropriate for a young wealthy
individual, but it would not suit a family of six. Despite the advertisement suggesting
a very superior car brand, it cannot physically mean the functional needs of the large
family. This most basic example shows that if market differentiation did not occur to
make more tailored needs, it would be much more difficult as a consumer.
Furthermore, market segmentation allows act to avoid head on competition with
rival firms. By further specifying a mass market, it allows firms to target different
types of consumers and tailor different benefits avoiding offering exactly the same
product as each other. This also encourages the formulation of different advertising
strategies to target these customers.
Simultaneous target marketing is a key strategy for marketers and
manufacturers of consumer goods. They use this strategy to find many specified
markets enough to provide a relevant benefit to, and aggregately large enough to
Page 6 The phenomenon of simultaneous target marketing in contemporary society
make a profit. Ideally for firms, mass marketing would be the most profitable auction
if it was still a valid way to ensure strong customer acquisition. However, as society
just becomes more fragmented, individualised and more aware of themselves, they
are also more aware of their needs. With regards to consumer goods, individuals
realise that their need transcends that of just a basic need, but one which meets
their more personal needs. Because marketing itself is consumer-oriented, products
must be developed to meet customers’ specific needs. However it is just not
plausible to make the perfect tailored product to each individual, thus for marketers,
a significant identification of a group of consumers with similar needs is important.
An example of a company that has found successful market segments is New
Balance (New Balance, 2010). As they compete in the sports shoes industry they
have proceeded to develop their products in accordance to meet their identified
market segments. These include types of activities such as walking, running, or
general sports (cross trainers) (Figure 3). They also divide their product lines by
gender. This shows marketers being aware and physically employing simultaneous
target marketing. Now, if market segmentation occurs, this does not mean that the
size of one’s market is limited as firms can build larger customer bases (like in this
case) to pursue multiple segments at a time. Furthermore, this shows that marketers
are in place to identify consumer need. The purpose of this is to continue to attract a
Page 7 The phenomenon of simultaneous target marketing in contemporary society
large amount of customers yet provide a more specific offering to their market than
their competitors.
Simultaneous target marketing operates in order to identify these needs of a
consumer and to aggregate customers with similar needs to create a market
segment. Market segmentation is appropriately defined by Hammond et al. stating
‘Marketing segmentation is in place to aggregate a group of customers with
significant homogenous needs’ (Hammond et al., 1996). This is important to
understand that in target marketing it is still important to find a group of customers
with homogenous needs, not just pursuing a market of a few customers. The mantra
of marketing is ultimately to provide customer satisfaction. Therefore all efforts in
the entire marketing process are geared towards this purpose. Thus in order to
understand how to satisfy a customer, one must examine and research how to
determine the customer’s needs. Thus research is a very large factor of
understanding the customer; ergo part of the process of understanding a customer
is tremendous market research in order to provide insight on how to tap the
pursued market. Additionally, marketers and brands may find themselves as out of
touch with society, so simultaneous target marketing can help brands reposition
themselves in order to meet a customer need better than they previously had. A
Page 8 The phenomenon of simultaneous target marketing in contemporary society
good example of this is Adidas, as in 2009 they began rebranding their store
providing street-wear clothes branded as ‘Adidas originals’ and sportswear clothes
branded as ‘Adidas performance’ (Adidas, 2009) (Figure 4). This shows that Adidas
are clearly aware that their presence in the market is diverging into two different
directions, so in order to control their current markets they took a brand stance in
making specific offerings to both diverse target markets.
So, marketing segmentation’s relevance to advertising is that it is an extension or a
development of more traditional techniques. This is significant as it has developed
mass marketing to meeting specific consumer needs. It is a more specific way to
meet the needs of a large group of consumers who share the same values. But part
of the relevance of market segmentation to advertising is that when market
segmentation occurs, marketers can discover that certain media outlets are more
effective to reach a certain market segment to encourage interaction with the
customers.
In conclusion, simultaneous target marketing is a process to find consumers with the
same wants, to be grouped together. Firms find specified fragmented groups and
target them all at the same time and offer more specific benefits than if they were to
Page 9 The phenomenon of simultaneous target marketing in contemporary society
just segment the markets. The diverse nature of simultaneous target marketing
provides research and insight to marketers, primarily allowing them to be aware of
the diversity of the modern consumer. Simultaneous target marketing is a huge way
to meet more specific needs to multiple groups of consumers thus becoming more
relevant with each target segment or market. No doubt there has been a shift to
previous types of marketing such as mass marketing; however simultaneous target
marketing has proved itself to be a useful tool in understanding consumer
behaviour. This is important as it is part of the research process to understand the
consumer as an individual and how they work within a whole, or group in society.
Without this, advertising would be pointless as there would be no true focus to its
communicated message. Thus, simultaneous target marketing will have a powerful
place in marketing to establishing an aggregate consumer base because of
defragmented, individualising markets.
Page 10 The phenomenon of simultaneous target marketing in contemporary society
Bibliography (APA Referencing)
Adidias. (2010). Originals and performance. Retrieved may 13, 2010 at
http://www.adidas.com
Leiss, W., Kline, S., & Jhally, S. (1997). The bonding of the media. New York, USA:
Routledge
New Balance. (2010). Web express. Retrieved May 13, 2010 at
http://www.nbwebexpress.co.nz/?s1=google&s2=core&s3=new+balance+sho
es+e&gclid=CPH66en3naICFRd7gwodMUEewg
Nike. (2010). Elite series. Retrieved May 13, 2010 at
http://www.nike.com/nikefootball/home/?locale=en_US&sitesrc=uslp
Schiffman, L., Bednall, D., O’Cass, A., Paladino, A., Ward, S., & Kanuk L. (2008).
Consumer behaviour 4th edition. Frenchs Forest, Australia: Pearson Education
Page 11 The phenomenon of simultaneous target marketing in contemporary society
Appendix
Figure 1
Nike’s four soccer boots
Page 12 The phenomenon of simultaneous target marketing in contemporary society
Porsche 2010 Print advertisement
(From M2 magazine, April 2010)
Page 13 The phenomenon of simultaneous target marketing in contemporary society
Figure 3
New Balance market segmentation on their website