Surprisingly the number of worldwide smokers is up. Global marketing, distribution, pricing, promotion and presentation are relevan to the discussion. The recent article and its media broadcasts caught my attention, from a Marketing perspective.
The total number of world smokers with a pack-a-day habit has increased significantly,
Journal of the American Medical Assn. researchers have found .
When I travel I see and smell smokers. Hard to miss them, especially the quantites when you are away from California. There's a visual difference walking around and visiting global cities. In November and December I was in Southeast Asia.
When I am in California, far, far, fewer smokers. I travel and I do seminars, on Marketing, Promotion, Advertising, Media and related subjects. If you are in my home state of California you don’t see much smoking (OK, outside large building a couple of people will congregate and smoke), but you'll see them MORE when you travel. Over the last few years I have been in several countries including Argentina, Austria, Botswana, Chile, China, Dubai, Ecuador, Egypt, Finland, Holland, India, Italy, Malaysia, Myanmar, Peru, Poland, Rwanda, South Africa, Sri Lanka, Tanzania, Thailand, United Arab Emirates, Vietnam, Zimbabwe and others.
More smokers internationally and globally, hanging, on the phone, walking, talking.
One of the most important criteria in Marketing is Targeting. Also referred to as "People," in the Nine 9P’s, plus Prospects, Purchasers and Target Markets. A Target Market consists of a set of buyers who share common needs or characteristics that the company decides to serve. Market targeting can be carried out at several different levels. Defining a target market requires market segmentation; the process of segmenting the entire market as a whole and separating it into manageable units based on demographics, geographics, psychographics, behavior, technographics or technographical characteristics.Smokers can fit into these subsets. No smokers too.
Segmentation is an important Marketing concept; the market segmentation process includes:
- Determining the characteristics of segments using Geographic, Demographic, Psychological, Behavioral and/or Technographics or Technographical Segmentation in the target market(s).
- Separating and targeting these segments in the market based on those characteristics.
- Checking to see whether any of these market segments are large enough to support the organization's product.
- Once a target market is chosen, the organization can develop its marketing strategies to target this market.
- What is still missing in this research evidence is the recognition that the link between service quality and profitability can be stronger if it is recognized that some customers are more profitable than others. Another link concerning income. Smokers make less.
Marketing strategies need to be adapted for the different tiers or segments. Instead of viewing the market as a uniform group of customers with similar potential, the firm needs to view them as distinct groups or segments with differing potential. This means developing different marketing strategies for each tier, especially different strategies for price and product offering.
Geographics are important for many products. Global smokers are valuable for tobacco companies. Everyone knows that smoking is bad for your health. It was interesting to read that the amount someone smoked was irrelevant because both chain-smokers and weekend social smokers experienced similar wage gaps. Income is another segmentation variable. Even someone who smokes just one cigarette a day will take a big, financial hit on the income. Buy cigarettes and pay money. Have less disposable income. Now you are earning less and paying out more. Plus your health expenses will go up too.
The researchers have attributed that about 60% of the wage differences to demographic factors (one of the segmentation characteristics). Smokers tend to be less educated than nonsmokers and they earn less.
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I am a senior Forensic Marketing Expert, Advertising/Marketing consultant with Londre Marketing Consultants, LLC plus I teach Marketing and Advertising. I own a copyright for this concept, the Nine P’s/9 P's
©2007, which augments the Marketing Mix (Product, Price, Promotion and Place) or the 4P’s by the American Marketing Association, Neil Borden and Jerome McCarthy in the study and practices of Marketing.
The Nine P's/9P's help identify marketing problems in a number of areas and help develop marketing’s objectives, strategies, tactics and solutions. The Nine P's are insightful. In Marketing. the "Customer," or potential customers are king, but are missing in the 4P's. There needs to be more focus on the "Customer," or "People." And in this blog post I choose smokers, and their level of education and income. Expenses. .
I consult and teach using the concepts and practices of the
Nine P's/9P's of Marketing.
In the study and practice of Marketing, Marketing and Brand Managers develop plans, strategies and tactics. The Nine P’s include these important components:
- People (Segmentation and Targeting)
- Product
- Place (Distribution)
- Price
- Planning
- Promotion
- Partners
- Presentation
- Passion
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LondreMarketing.com and look under “
Articles and Resources” and the 9P’s/Nine P’s ©2007. Specifically you will find them detailed at
9P’s/Nine P’s.
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