STP: Segmentation, Targeting and Positioning in Marketing Strategies
Introduction All marketing is built on STP – Segmentation, Targeting and Positioning (Kotler & Keller, p.310). In the chapter of fundamental marketing concepts, trends, and tasks it says: “A marketer can rarely satisfy everyone in a market. Not everyone likes the same cereal, hotel room, restaurant, automobile, collage or movie. Therefore, marketers start by dividing up the market into segments” (Kotler & Keller, 2005, p.24). […]