0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
The clustering techniques that can be used in segmenting?
Clustering techniques that can be used in segmenting usually require computers to group people based on data from market research.
When a company identifies the parts of the market it can serve best and most profitably it is practicing?
segmenting
What are the market potential objectives?
Objectives of market potential
What is the importance of market potential?
Market potential is the consumers or businesses that would possibly buy your products or services. It is important that you define your market potential early in the development stages of the business.
Why some advertising might not be cost effective?
You don't want waste circulation. You want to reach potential buyers. And you don't want to pay for eyeballs, feet, engagements, circulation which are not interested. Look at the Nine P's of marketing. One of the most important if not most important is "People," in the 9P's. People can also be defined as "Prospects," "Purchasers" or "Potential Purchasers" and Target Market. Before you look at media options, define your target market. That requires market segmentation; the process of segmenting the entire market as a whole and separating it into manageable units based on demographics, geographics, psychographics, behavior, technographics or technographical characteristics.
The clustering techniques that can be used in segmenting?
Clustering techniques that can be used in segmenting usually require computers to group people based on data from market research.
When a company identifies the parts of the market it can serve best and most profitably it is practicing?
segmenting
What does segmenting mean in marketing?
Segmenting is when you see the need to target one specific group or market for your products/services. The particular group (segment) has or displays a different need from the rest of the consumer population.
What is product cost as cost of market segmentation?
When segmenting broad product-markets, cost considerations tend
What type of data would be best suited to obtain the required information for a small company that is interested in segmenting potential markets for its erasable transparencies?
educational edge, a small company with limited resources, is interested in segmenting potential markets for its erasable transparencies, what type of data would be best suited to obtain the reguired information?
What are the market potential objectives?
Objectives of market potential
What are the disadvantage of the CSME?
The disadvantages arising directly from the establishment of the CSME infrastructure which would influence the distribution of gains from market and economic integration, prior disadvantages e.g. Size. Potential disadvantages which may arise from the vulnerability of the economies of specific countries.
What does market segment mean?
Segmenting is when you see the need to target one specific group or market for your products/services. The particular group (segment) has or displays a different need from the rest of the consumer population.
What is your reason for the topic -the potential market for suit?
What is your reason for the topic -the potential market for suit?
What is the meaning and definition of market potential?
market
What is the importance of market potential?
Market potential is the consumers or businesses that would possibly buy your products or services. It is important that you define your market potential early in the development stages of the business.
What are the disadvantages of a local weekly market?
the disadvantage of these market is that the seller are having a loss as the buy things for a high prize but sell for a lower price
