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How do you identify and segment target customers of GE Appliances?
Wiki User
∙ 16y ago
I would segment the customers by age and income and find what products/models were purchased in both groups then merge them into more refined groups afterwards to get a better consumer behavior model. First, segment your product lines into two or more groups then match the Demographics of the customers to that.
Wiki User
∙ 16y ago
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What is segment target position?
S-T-P means 1. Identify desirable market segments 2. Target your product for that segment 3. Position your brand to segment's desires
What is Multiple Segment Strategy?
Under a multiple-segment strategy, two or more different groups of potential customers are identified as target markets.
How does The Body Shop segment the market?
They segment it out between the customers they want and those who will not use them. This helps them to target only those they would be interested in selling to.
What are the advantages to an organisationof undertaking market research before start up and during operations?
Is all the potential customers for your organisations product/ service ; the section of the buying public at whom you will aim your product/service sales. In order to properly identify your target market and it's interest , it is useful to segment the market.
How do retailers identify target markets?
* Identify Why A Customer Would Want To Buy Your Product/Service * Segment Your Overall Market * Research Your Market Tons of things go into it I suggest going to: http://www.esmalloffice.com/SBR_template.cfm?DocNumber=PL12_2000.htm It will explain everything.
What is segment target position?
S-T-P means 1. Identify desirable market segments 2. Target your product for that segment 3. Position your brand to segment's desires
What is Multiple Segment Strategy?
Under a multiple-segment strategy, two or more different groups of potential customers are identified as target markets.
How does The Body Shop segment the market?
They segment it out between the customers they want and those who will not use them. This helps them to target only those they would be interested in selling to.
What is segmented strategy?
Under a multiple-segment strategy, two or more different groups of potential customers are identified as target markets.
What are the advantages to an organisationof undertaking market research before start up and during operations?
Is all the potential customers for your organisations product/ service ; the section of the buying public at whom you will aim your product/service sales. In order to properly identify your target market and it's interest , it is useful to segment the market.
What is a marketing mix focused on certain groups of customers?
In order to define which marketing mix component combination should apply to the market segment, it is required to identify the characteristics of the targeted market segment, how the market segmentation done or in other word depending on which basis the market has segmented, and also it is required to identify the target market strategy used weather it is differentiated, undifferentiated or concentrated. so that in order to satisfy customer requirement the marketing mix components 4p's or if it is a service 7p's should be combine with right quantities.
How do you sell products to a boutique?
First, identify a boutique owner dealing in your line of products. Ensure the business is in good location with less competition and curve out your target customers.
How is information used in the modern enterprise?
Information drives almost every part of a modern enterprise, from research and development, to costing out production, to determining the market segment it will target, to processing feedback from customers.
How do retailers identify target markets?
* Identify Why A Customer Would Want To Buy Your Product/Service * Segment Your Overall Market * Research Your Market Tons of things go into it I suggest going to: http://www.esmalloffice.com/SBR_template.cfm?DocNumber=PL12_2000.htm It will explain everything.
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