asked 83.1k views
2 votes
Each company must divide up the total market, choose the best segments, and design strategies for profitably serving chosen segments. this process involves market segmentation, ________, differentiation, and positioning. marketing implementation market targeting price discrimination market diversification supply-chain analysis

asked
User Jetlej
by
8.5k points

1 Answer

3 votes

The correct choice from the given options is "market targeting".


When we have segmented the market, by isolating it up into little sections. Presently, we should focus on those segments we can serve most proficiently and successfully: Market Targeting. This is the second step of setting up a showcasing technique.

In surveying market segments, a firm ought to think about three factors. These are:

The segment size and growth

The segment structural attractiveness

The company objectives and resources.

With a specific end goal to assess segments, the organization needs to gather and break down significant information first. This information may incorporate data on current portion deals, development rates and foreseen profitability of segments.

answered
User Harlow
by
7.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.