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  How to Target a Market: The Key to Differentiating Your Business
 
 
Pages: 49
Tables & Figures: 21
Published: September 2006
Service Area: Business Development Strategies


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Description
 

Graphic communications company owners continually complain that profit margins are rapidly deteriorating in the U.S. market, in part because offerings are perceived as commodities. To dispel this belief and restore the graphic communications industry to sustainable growth, firms are emphasizing specific niche opportunities and catering to more focused customer needs. Successful providers are taking a targeted market approach to decommoditize their products and service offerings.

This report provides print providers with the knowledge to identify target markets, provide differentiated value proposition, get more attention within your market space, be viewed as and become and expert within the segment, and deliver more effect marketing to a targeted client and prospect base.

 
Features
  • Introduction

  • Criteria for Segment Selection
    Are they Identifiable and Measurable?
    Is the Segment Substantial? Is it a Growth Market, or is there Opportunity
    to Gain Share Based on Your Technology?
    Is there Easy Access to the Segment?
    Does the Market Have Unique Needs that Let Your Organization Provide
    Differentiated Value-Add to the Customer?
    Is the Market Durable? Is it Stable so the Cost of Changes is Minimal?

  • Segmentation Strategies
    B2B
    Market Expansion: Targeting Existing Customers
    B2C
    The Internet Changes Everything!
    Segmenting the B2C Market
    The Value of Customer Service
    The Value in Vertical and Horizontal Market Niches
    Identifying a Vertical Market Niche
    The Horizontal Niche Market Opportunity

  • Building your Niche: Vertical or Horizontal, B2B or B2C

  • Case Studies
    Inter-State Studio: Vertical Market Success Can Lead to Diversification
    and New Opportunities
    Inter-State Studio and Publishing: Memories for School Children
    Business Growth in a Tough Market
    Visionaries Look at the Market Differently
    The Ingredients for Success
    Associates Graphic Services: Target Marketing at Work
    Market Focus
    Market Positioning
    Higher Education Success
    Effective Targeting
    VistaPrint: Building on a B2C Vision
    A Well-Identified Target Market and a Solid Value Proposition
    Vision and a Manufacturing Model to Match
    The Value Proposition
    Products and Services Designed with the Customer in Mind
    Mastering the Art of Promotion
    Then There’s Loyalty!

  • Appendix: Critical Trends in Vertical Markets
    Accommodations
    Principal Market Segments and Size
    Key Trends
    Educational Services
    Principal Market Segments and Size
    Key Trends
    Financial Services
    Principal Market Segments and Size
    Key Trends
    Food Manufacturing
    Principal Market Segments and Size
    Key Trends
    Hospitals
    Principal Market Segments and Size
    Key Trends
    Insurance Carriers and Related Activities
    Principal Market Segments and Size
    Key Trends
    Retail Trade
    Principal Market Segments and Size
    Key Trends
    Telecommunications
    Principal Market Segments and Size
    Key Trends
    Transportation Equipment Manufacturers
    Principal Market Segments and Size
    Key Trends


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