Question

In: Economics

viewing the video, Evans (2016) Segmentation, Targeting, and Positioning within Gap Inc. Please access the included...

viewing the video, Evans (2016) Segmentation, Targeting, and Positioning within Gap Inc. Please access the included video below. In a 2-3 page assignment response, please include a review of Gap Inc.'s general segmentation, targeting, and positioning practices related to the clothing consumer market. In addition, describe how Maslow's Theory of Human Needs is applied to Gap Inc.'s segmentation, targeting, and positioning practices.

Solutions

Expert Solution

All the brands of Gap Inc fulfill the five leaves of Maslow's hierarchy by meeting the different requirements of the different levels. Old Navy brand of the company comes in the category of first level of hierarchy, which is the basic need for example the price of this brand are set according to the income level of the medium family persons. This brand is lower priced and caters the needs of family clothing.Gap, which is another brand of this company, also meets the needs of the people by offering the clothes of latest fashion and trend at reasonable prices.
Gap brand of this company comes in the second and third hierarchy of the Maslow's theory. Gap includes casual and active clothes, which attracts the people and assists them to show their professionalism as well as flair. Gap is recognized by the customers as the most apt option for the t-shirts and denim. The designing of this brand reflects ten iconic style of America.

Next to basic needs, there is esteem need in the hierarchy, which is fulfilled by the Banyan Republic brand. The esteem need consists of self-respect and self worth, so this brand can be considered as the best option to place in this category of the Maslow's hierarchy. This brand offers casual clothes and lofty collections of personal care, shoes and accessories.


Related Solutions

What are the segmentation, Targeting and Positioning (STP) for the Ratchet Strap market?
What are the segmentation, Targeting and Positioning (STP) for the Ratchet Strap market?
Two of the easiest segmentation bases used in the the (Segmenting Targeting and Positioning) process are...
Two of the easiest segmentation bases used in the the (Segmenting Targeting and Positioning) process are demographic and geographic variables. Explain the difference between the two bases, giving examples, and why these are important bases to use? Articulate the Segmenting Targeting and Positioning process and its importance to a market-oriented firm, then differentiate the concepts of segmenting, targeting, and positioning using an example? Explain the differences between a routine decision and an extended decision making process for a consumer, using...
What is market segmentation?  How are market segmentation, targeting, and positioning interrelated? Illustrate how these three concepts...
What is market segmentation?  How are market segmentation, targeting, and positioning interrelated? Illustrate how these three concepts can be used to develop a marketing strategy for sneaker business.
How important is market segmentation, targeting and positioning for an entrepreneur who is planning to launch...
How important is market segmentation, targeting and positioning for an entrepreneur who is planning to launch sneaker (shoe) business?
What are the 5 steps that make up the segmentation, targeting and positioning process and how...
What are the 5 steps that make up the segmentation, targeting and positioning process and how do they support the overall strategy?
After viewing the video clip (Remember the Titans) in your Ch. 7 powerpoint, please provide an...
After viewing the video clip (Remember the Titans) in your Ch. 7 powerpoint, please provide an example of each stage of the group process: 1. Forming: 2. Storming: 3. Norming: 4. Performing: 5. Adjourning: Then, please provide a personal example of a group experience you have had, and describe a phase of the group process that was memorable. Please respond to a peer's experience thoughtfully.
The consolidated balance sheets of Gap Inc. included merchandise inventory in the amount of $1,610 as...
The consolidated balance sheets of Gap Inc. included merchandise inventory in the amount of $1,610 as of January 30, 2016 (the end of fiscal year 2015) and $1,631 as of January 31, 2015 (the end of fiscal year 2014). Net sales were $14,567 and $14,680 at the end of fiscal years 2015 and 2014, respectively. Cost of goods sold and occupancy expenses were $9,270 and $8,773 at the end of fiscal years 2015 and 2014, respectively. All amounts are from...
After viewing the YouTube Video "Transportation Challenges"please post comments on measures to alleviate congestion in Trinidad...
After viewing the YouTube Video "Transportation Challenges"please post comments on measures to alleviate congestion in Trinidad and Tobago.
Web Link-Video: Own Your Behaviors, Master Your Communication, Determine Your Success, Louise Evans : Please see...
Web Link-Video: Own Your Behaviors, Master Your Communication, Determine Your Success, Louise Evans : Please see the link below. https://youtu.be/4BZuWrdC-9Q A. What did the exercise reveal to you about yourself? Where you surprised about what you learned or was this something you already knew about yourself? B. Do you tend to maintain the same orientation most of the time or are there occasions in which you change from one orientation to another? C. What were your thoughts on the video?...
For the year ended December 31, 2016, Harvest Productions Inc. earned $4,000,000. Outstanding preferred shares included...
For the year ended December 31, 2016, Harvest Productions Inc. earned $4,000,000. Outstanding preferred shares included $400,000 in 3% cumulative preferred shares issued on January 1, 2015 and $500,000 in 2% non-cumulative preferred shares issued on January 1, 2016. Dividends on the cumulative preferred shares were not declared in 2015. On December 15, 2016, Harvest declared and paid $24,000 in dividends on the 3% cumulative shares including the arrears. Harvest also declared and paid the $10,000 dividends on the non-cumulative...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT