Under Armour grow their empire over night. I feel most of its success has a lot to do with target market. When you look at all the campaigns Under Armour had to find a the right way to build their company. We also see that with great positioning billions were made.
When implementing segmentation strategies some key things are, Undifferentiated Mass Marketing Segmentation know where you stand. This is important so you would know how to projected how your company will stand out just like Under Armour. Sales-cost trade-off which is a great segmentation it shows what the consumer wants. Cannibalization is a great one . A lot of companies do this to explore their brand. Creating more money within the brand.
I have notice with demographic segmentation for pets have grown so much. I have been doing a lot of online in store shopping for puppy Brody. We try to find the best items for be bye reaching so many website. I evens seen casting call ad on Instagram and Facebook. I feel as though i would go the route of putting ads online do to that is how the world gets most of ther information now.
