Friday, February 14, 2020
Market Segmentation and Muslim Loyalty Assignment
Market Segmentation and Muslim Loyalty - Assignment Example The purpose of this literature review is to investigate published literature on general market segmentation theory, the impact of that segmentation practice upon loyalty and customer satisfaction within various constituencies, the application of those principles specifically to the Muslim community, as well as frame a research inquiry to test the theory of the segmentation approach to the Muslim market within a specific retail setting. Within any market, there are many different constituencies with commonalities in product need; and these varied customers can be divided or segmented into groups which may share a similar need for any particular product. As Claycamp and Massy point out, "markets and the customers who make up those markets are not homogeneous" (1968, p. 34), and any company utilizing a successful business model will need to group those customers according to their similarities so that products can be tailored to meet demand. As early as the middle of the 20th century, the idea of dividing a market into groups of customers who share a similar need or desire for a particular product, i.e., segmentation, was advanced (Smith, 1956, pp. 3-8). The principle of segmentation is relatively straightforward; by successfully targeting a specific consumer group with particular needs, the company can focus its product development and promotional strategies into meeting those needs and gain a competitive edge (Abel l, 1980, p. 8). While there are those who see an overemphasis on segmentation as "ironic" and "lead[ing]...in a direction that is opposite of what is really needed to build brand loyalty" (Anshuetz, 1997, p. 65), the vast majority of scholars would concur with Swenson that market segmentation experts are carefully regarded in the corporate world and that the "continued segmentation" of markets can certainly be expected to propel business forward "well into the twenty-first century" (1990, p. xiii). It should be noted that product differentiation is an important aspect of gaining market share and, because market segmentation should be used to increase the market share of a product within those segments as well, "product differentiation and market segmentation should be used together" (Greco, et al., 2003, p. 210). While these principles are true within domestic markets, they are particularly applicable to those companies engaged in international retail business. As Craft notes, prior to the mid-1970s, "market segmentation was viewed primarily as a domestic strategy" (2004, p. 40) and there was little scholarship with regard to international marketing theory. In 1972, however, Wind and Douglas recognized the nature as well as direction of global business and argued that segmentation was not just for domestic sales, but might be even more important in international markets due to the fact that they are more diverse (1972, pp. 17-25). As will be demonstrated in subsequent sections, the segmentation of the Muslim market by international companies, particularly those in the retail grocery industry, is critical. In Craft's study, it was noted that the organizations under
Saturday, February 1, 2020
The effect of vitamin D on Multiple Sclerosis Research Paper
The effect of vitamin D on Multiple Sclerosis - Research Paper Example Vitamin D is vital in improving several symptoms associated with MS. However, it is unclear as to whether consuming supplements having vitamin D can prevent one from developing multiple sclerosis or treat the symptoms after the illness affects a person. Certain genes also link with the development of MS. However, since researchers portray differences with regard to their understanding pertaining to multiple sclerosis, it is difficult to know if vitamin D can help is treating or preventing different instances of MS (Robinson, 2015). For example, in case an individual develops multiple sclerosis and want to consume vitamin D, it may not harm cause harm or worsen the symptoms. Nonetheless, people may be unlikely to witness any changes to the symptoms they develop. They should refrain from taking vitamin D in line with other types of medications. Therefore, an individual should consult a doctor before consuming supplements, such as those having vitamin D (Watson, 2013). Vitamin D may prevent a person from developing MS or minimize its severity. It plays a crucial role with respect to helping an individual develop healthy bones. Nevertheless, researchers are looking for certain ways in which they can reveal the role that vitamin D plays in diverse body parts. However, although vitamin D may boost the nervous and immune systems in an individual’s body, the manner in which it works it unclear (Swanson, 2015). Certain cells in the nervous and immune systems of a person have vitamin D receptors. The receptors prevail on a cell’s surface whose role is to receive signals from chemicals. Once the cells merge with receptors, chemical signals direct cells to behave in certain ways, die or divide. The cells also regulate the amount of vitamin D present in them. For instance, after the immune systems of a body are subjected to vitamin D using laboratory experiments, they tend to swell. This reveals that
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