STP Strategy
MarketingSegmentationPositioning
The STP (Segmentation, Targeting, Positioning) Strategy is a marketing framework that helps businesses identify and reach their target audience effectively.
Introduction
The STP (Segmentation, Targeting, Positioning) Strategy is a marketing framework that helps businesses identify and reach their target audience effectively.
Core Steps
- Segmentation: Dividing the market into distinct groups based on demographics, behaviors, or preferences.
- Targeting: Selecting the most promising segments to focus on.
- Positioning: Crafting a unique value proposition to appeal to the selected segments.
Applications
- Launching new products in competitive markets.
- Crafting tailored marketing campaigns.
Related Resources
- Book: "Marketing Management" by Philip Kotler.
- Tools: Market segmentation software, customer personas.