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Submitted by chuckd on May 9, 2008
Category: Business
Words: 562 | Pages: 3
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3- Target market and Segments
The challenge for Telstra will be to stay ahead of Optus and Vodafone by providing the highest speed mobile services with the widest coverage. However, Telstra have also segmented their customers differently to their competitors in way which is specific in reaching the requirements of their customers. The seven consumer segments are listed below as a brief on how each segment considers itself.
Friends, Fun & Fashion
“I want to stand out from the crowd in a fun and exciting way”
• Highly sociable, wants social recognition
• Wants fun and excitement and to escape boredom
• Likes to be up on all the latest fashions and gadgets
• Doesn’t want to be conventional
• Tries to continuously improve her mind
• Likes being in the vanguard in fashion and technology
Work Hard, Play Hard
“I work hard, play hard, and look good.”
• places career first
• low value on family and friends
• wants and finds excitement in both work and play
• wants to stimulate his senses and feel alive
• wants to live life to the maximum
• wants to express individuality and escape boredom.
Family & Self Development
“I want to make life harmonious for my family and myself by being a good parent and a good provider.”
• Places a value on learning and development for them and their family
• Sees life as serious, and rejects the value of fun and enjoyment
• Concerned about a lack of control of her life
• Places family first, but also values friends
• Wants to reduce the stress in their life
• Family Security
Principled Professional
“I want to achieve, learn, and be engaged in the community”
• Values accomplishment
• Wants to be respected as knowledgeable
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