Business Marketing Project: Section A Group 5

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BUSINESS MARKETING PROJECT

SECTION A GROUP 5

TOPIC : MARKET SEGMENTATION


The B2B landscape has been evolving constantly and adopting latest technologies and
matrices over the old traditional methods in the past decade. Modern B2B markets have
started to closely study their customers and clients to build stronger and longer lasting
relationships in order to continue on a sustainable growth trajectory.

Business to business enterprises are different from consumer based businesses in a


number of ways and hence follow different approaches to segment their clients and
accounts. Our project topic is understanding the market segmentation of a B2B
company and how the company classifies its customers. We will try to understand the
segmentation based on geography and firmography, and the target customers in
different regions for a multinational company.

ABOUT THE COMPANY​: ​LENOVO

Lenovo is a multinational technology company headquartered in beijing. Lenovo is the


world's largest personal computer vendor by unit sales, as of March 2019. It markets the
ThinkPad and ThinkBook business lines of notebook computers; IdeaPad, Yoga, and
Legion consumer lines of notebook laptops; and the IdeaCentre and ThinkCentre lines
of desktops.

Lenovo PRO​ is an ecommerce platform of Lenovo for Small and medium businesses
(SMB) customers.

Lenovo PRO offers small business pricing and services that simplify purchasing. It
provides access to business-grade products, services, solutions, and financing with the
support of dedicated small business specialists.

MARKET SEGMENTATION FOR LENOVO


Lenovo classifies SMBs as 01-09, 10-19, 20-49, 50-99 and 100+ employees.We in this
research are going to do a ​RAD analysis (Retention, acquisition and Development)
analysis of customers and will recommend focus customers based on the analysis. It
will help the company focus on one key customer segment for a region. We will do this
analysis for various countries in Asia-Pacific region.

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