Monday, November 23, 2015

Ch. 8 - Segmenting and Targeting Markets



Ermenegildo Zegna has a defined target market because of the price of purchasing their products. It is for the wealthy and not many others can afford to shop with them. They also have market segmentation. They have different styles of Zegna suits, depending on what type of person you are. One of their options is Business Attire. This is your standard and internationally accepted two piece suit that can be worn in any business environment. But, they also have sportier options for those that fit that category. Usually this segmentation is based on demographics, as older buyers may want a suit that fits more loose, and the younger buyers typically shop for form fitting and slim.

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