Archive

Archive for June, 2010

More on market segmentation

Arellano Marketing is a Peruvian marketing company dedicated to research and consulting. They just launched their view of how Peru’s population is segmented (only in Spanish). Very, very interesting.

Unfortunately political parties in Peru are still discussing about left and right, class struggle and other 19th century stuff.

In brief, Peru is not divided by socio-economical classes like A, B, C, D & E, but by 6 life styles: sophisticated, progressive, modern, adapted, conservative and resigned. And, within each lifestyle, there are people with a wide spectrum of income:

 

Peruvian lifestyles vs income spectrum. Source: Arellano Marketing.

 

In my experience, it is true. I’ve seen Peru evolve from closed-economy socialism to free market democracy. Economic progress has transformed the country, shattering our stagnated society and democratising opportunities.

Categories: Market Analysis, Peru Tags:

Simple, simple market segmentation

This video from Oxford Learning Lab shows one of the pillars of my family’s chocolate startup: proper market segmentation and how important it is to understand the needs of each segment.

 

Engineers clean James Webb’s mirror with carbon dioxide snow. Source: NASA

 

Initial results demonstrated it was a good strategy. Alas, events unfolded in such a way I couldn’t see the long term results; who knows, maybe one day I’ll be back to the world of chocolate. In the meantime I am using it for the market analysis of my internship report.

Module 5, Week 2: TWiR

Time flies! The second week is already over and in only ten more weeks I will be traveling back to Strasbourg for my internship presentation. Luckily the weather here in Luxembourg is improving, but they tell me it is always like that, some days of sun followed by many days of rain. I must say that I like it, especially thunders. The only thunders I heard in Lima were the terrorist bombs during the 80’s and 90’s, so obviously I prefer nature’s demonstration of power.

 

Early Bird satellite. Source: NASA.

 

This week I continued with my project and even had the opportunity to relate things I saw in our professional visit to Google and the work done through the SSP Team Project. And even though I miss my friends and the ISU environment, it is nice to be in a corporation after so long.

I’ll better enjoy it as much as I can for in 3 months I am starting my MBA!