Is segmentation effective?

That is, does one or more market groups appear to be identifiable and measurable, accessible, substantial, and responsive?


Essai, 2000

8 Pages, Note: 2,0


Résumé ou Introduction

Is segmentation effective?
That is, does one or more market groups appear to be identifiable and measurable, accessible, substantial, and responsive? If you have a market for a product with one or more consumers you have the possibility to segment this market, because the consumers wanted different types of a product. If you ask twenty people why they want for example a special kind of a car you probably would receive twenty different answers. Some see a car as a status symbol or others wanted to have a comfortable car and for a few people the price is the most important factor. Such a market called ‘heterogeneous market’. For this kind of market companies make market segmentation.
But what is market segmentation? Market segmentation is the process of splitting customers in different groups, segments consisting of people who have relatively similar product needs. The purpose is to design a marketing mix that more precisely matches the needs of individuals in a selected segment.

Résumé des informations

Titre
Is segmentation effective?
Sous-titre
That is, does one or more market groups appear to be identifiable and measurable, accessible, substantial, and responsive?
Université
Waterford Institute of Technology
Note
2,0
Auteur
Année
2000
Pages
8
N° de catalogue
V121115
ISBN (ebook)
9783640249923
ISBN (Livre)
9783656835226
Taille d'un fichier
404 KB
Langue
anglais
Mots clés
That
Citation du texte
Dipl. Betriebswirtin (FH) Barbara Krolikowski (Auteur), 2000, Is segmentation effective?, Munich, GRIN Verlag, https://www.grin.com/document/121115

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