The general director’s critical objective for the Opera was to develop a fresh strategy that specifically targeted evolving tastes for opera performance in Philadelphia and the surrounding area. The Opera had to determine whether it needed to revise its segmentation and positioning strategy, as well as make adjustments to its product. This new strategy also had to provide protection for and prevent further loss of the Opera’s existing subscription audience, many of whom were loyal donors.
Opera Philadelphia: Segmentation Strategies for Changing Markets
Dennis Paris; Jean Wilcox;Amy Lavin;Sheri Lambert
Product #:9B19A039
Supplier:Ivey/Temple
Discipline:Entrepreneurship, General Management, Marketing
Setting:United States, 2014
Subjects:
Geography:
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Learning Objectives
- understand the importance of market research and insights that lead to accurate STP;
- assess the positive impact that a sound STP strategy can have on business growth; and
- examine strategies and integrated marketing tactics that influence consumer perceived value.