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Recommend marketing mixes for two different segments in consumer markets?
Wiki User
∙ 9y ago
Some recommended marketing mixes for two different segments in both urban and rural markets include pricing and product. Another is the marketing mix of product distribution with promotion.
Wiki User
∙ 9y ago
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How do you segment industrial markets?
How to Segment Industrial Markets: A good marketing programme seeks to identify consumer needs and wants in order to satisfy them. but this satisfaction is not always possible because consumers differ greatly in many aspects. an attempt to identify these differences and to divide them into groups is known as market segmentation.it is the process by which a total, heterogeneous market for a product is divided into several sub-markets or segments, each of which tends to be homogeneous in all significant aspects. (Ngezelonye Raphael & Onwuka Prince. RSUST)
How can you link the values of two accounting code segments?
In accounting, code segments are typically used to categorize transactions by various attributes such as department, project, or location. To link the values of two accounting code segments, you can create a "cross-reference table" that maps the values of one code segment to the values of another code segment. Here's an example: Let's say you have two code segments: "Department" and "Project". You want to be able to link the values of these two code segments so that you can report on project expenses by department. To do this, you can create a cross-reference table that lists all of the possible department values in one column and all of the corresponding project values in another column. For example: Department Project Sales Project A Sales Project B Marketing Project C Marketing Project D In this example, if a transaction is coded to the "Sales" department and "Project A" project, you can look up the corresponding department value in the cross-reference table and see that it is linked to the "Project A" project value. This allows you to report on project expenses by department, even though the transactions are only coded with a project value. Overall, creating a cross-reference table can be a useful way to link the values of two accounting code segments and enable more detailed reporting and analysis. My Recommendation: 𝕙𝕥𝕥𝕡𝕤://𝕨𝕨𝕨.𝕕𝕚𝕘𝕚𝕤𝕥𝕠𝕣𝕖𝟚𝟜.𝕔𝕠𝕞/𝕣𝕖𝕕𝕚𝕣/𝟛𝟟𝟚𝟝𝟟𝟞/𝕄𝕒𝕣𝕧𝟠𝟚𝟡/
What is the basic function of accounting code views?
To determine which groups can reallocate transactions to which accounting code segments
What are the types of promotional message that would be most suitable for each of the following personality market segments and give an example of highly dogmatic consumers?
To know what types of promotional messages would be best for the following personality it is important to know what the personality is. With this information not included a person will not know what the answer is.
How do banking and insurance facilitate trade and commerce?
In fact, banking and insurance are the two basic pillars of development for trade and commerce. While inclusive banking helps to reach the remotest corner of the country and accelerate growth of the rural economy, insurance offer both life and medical coverage at affordable rates to all citizens of the country. By this way, both banking and insurance segments have great social obligatory role to play in the spread of trade and commerce of the country.
Is an approach that considers different ethnic and cultural segments require targeted marketing campaigns and tactics?
an approach that considers different ethnic and cultural segments require targeted marketing campaigns
Which of the following refers to a marketing strategy in which the focus is on small but profitable market segments?
ninche marketing
When there are multiple segments in a market is it more effective to have the same marketing mix strategy for two or more segments?
yes
What is segments with the same length?
The answer depends on what they are segments of: the answer will be different depending on whether they are line segments or segments of a circle or even different circles.
What is physiographic segmentation?
Physiographic segmentation is a marketing strategy that divides a market into segments based on physical or geographical characteristics such as climate, terrain, or natural resources. This allows companies to tailor their products or services to meet the specific needs and preferences of different geographic areas or regions.
How personality affects consumer behavior?
Personality can influence consumer behavior by shaping preferences, attitudes, and decision-making styles. Individuals with different personality traits may be drawn to certain products or brands, seek specific benefits from their purchases, and have varying levels of risk tolerance or impulsiveness when making buying decisions. Marketers often use personality traits to create targeted marketing strategies that appeal to specific consumer segments.
Forms segments of consumers who have similar needs and buying behavior even though they are located in different countries What is this form of segmentation called?
consumer segmentations segmentations
What does phychographic mean?
Psychographic refers to characteristics of a population relating to their psychological traits, lifestyle choices, values, attitudes, interests, and behaviors. This information is often used in market research and marketing strategies to understand and target specific consumer segments.
How is marketing approached in the market-segmentation method?
In the market-segmentation approach, the total market is viewed as being made up of several smaller segments, each different from the other.
The market segments towards which an organisation directs its marketing efforts is referred to what?
target market
Why is social class an important factor in consumer buying behavior?
Social class influences consumer buying behavior as it determines a person's purchasing power, lifestyle choices, and cultural preferences. Individuals from different social classes have distinct attitudes towards brands, products, and services, and this impacts their decision-making process when making purchases. Understanding social class helps marketers tailor their marketing strategies to target specific segments effectively.
What is marketing strategy?
Differentiated market strategy also referred to as the differentiated targeting strategy, is when an organization directs its marketing efforts at two or more segments by developing a marketing mix for each. An example is a hair salon targeting one segment originally; women, and then extending out to other target segments such as men and children.
