answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: When segmenting broad product markets what do cost considerations tend to do?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Marketing

What is is the process of naming broad product-markets and then segmenting these broad product-markets in order to select target markets and develop suitable marketing mixes?

Market Segmentation


When evaluating international markets the marketing manager should?

use broad criteria, such as geographic region or stage of economic development, to define submarkets before further segmenting


Differences between product market and generic market?

The generic product-market includes a broad group of products that satisfy a general, yet similar, need. The starting point in determining product-market boundaries is to identify the particular need or want that a group of products satisfy. Since people with a similar need may not satisfy the need in the same manner, generic product-markets are often heterogeneous, containing different end-user groups and several types of related products.The product-type product-market includes all brands of a particular product type. The product type is a product category or product classification that offers a specific set of benefits intended to satisfy a customer's need or want in a specific way. Differences in the products within a product-type product-market may exist, creating product-variants.


What is the difference between sales and marketing with example?

Sales is a narrow concept. It is Money oriented , whereas Marketing is a broad concept. It is a Money and Customer satisfaction oriented....When customer is satisfied with product only then he'll purchase that product..


What is the difference between Sales and Business Development?

To be fair, there are many, many different schools of thought as to what exactly Biz Dev should cover. A broad answer is that Sales is more tactical, whereas Biz Dev is more strategic. Sales, for the most part, are simply the selling the product/service to the customer with a critical element being Client Management - development & maintenance of the relationship with the client before and after the deal is executed. Having done both roles in my career, Sales is typically a subset of Business Development. Biz Dev adds such broad stroke responsibilities as strategic & long term planning, market analysis, and competitive research in order to determine a list of prospects to approach, markets to enter/exit, and new features to add to your product or new services to your portfolio. Sales is a more pure role of client management & revenue growth role. Whereas biz dev in some companies may have very few elements of client interaction at all.

Related questions

What is product cost as cost of market segmentation?

When segmenting broad product-markets, cost considerations tend


What is is the process of naming broad product-markets and then segmenting these broad product-markets in order to select target markets and develop suitable marketing mixes?

Market Segmentation


When evaluating international markets the marketing manager should?

use broad criteria, such as geographic region or stage of economic development, to define submarkets before further segmenting


Is Manhattan beach capital a legitimate business?

Yes, it is a legitimate business, offer a broad portfolio of financial products that targets both the residential and commercial markets.


Differences between product market and generic market?

The generic product-market includes a broad group of products that satisfy a general, yet similar, need. The starting point in determining product-market boundaries is to identify the particular need or want that a group of products satisfy. Since people with a similar need may not satisfy the need in the same manner, generic product-markets are often heterogeneous, containing different end-user groups and several types of related products.The product-type product-market includes all brands of a particular product type. The product type is a product category or product classification that offers a specific set of benefits intended to satisfy a customer's need or want in a specific way. Differences in the products within a product-type product-market may exist, creating product-variants.


Why there are so many different types of financial markets?

A financial market is a broad term describing any marketplace where buyers and sellers participate in the trade of assets such as equities, bonds, currencies and derivatives. They include Capital Markets (stock, bond), Money Market, Spot market, Derivatives Markets, Forex and the Interbank Market, OTC market,.... You can search on alpari.com/en/investor. With different types of financial markets, investors can diversify their investing to minimize risks as hedging tools.


What exactly does the Peterbilt company do?

The Peterbilt motor company manufactures trucks and they also offer a broad range of services for the over-the-road, construction, municipal and medium duty markets. They specialize in trucks and everything to do with it.


What's the best broadband service?

Your local cable companies can provide you with high speed broad band service. Their broad band product offerings come with a variety of different upload and download speeds and have correspondingly different pricing plans as well.


What are the major facets of the economist?

The economist is a professional in the social sciences discipline of economics. Facets of the field include broad philosophical theories, focussed study within specific markets, macroeconomic analysis, and microeconomic analysis.


What is the difference between sales and marketing with example?

Sales is a narrow concept. It is Money oriented , whereas Marketing is a broad concept. It is a Money and Customer satisfaction oriented....When customer is satisfied with product only then he'll purchase that product..


Does Comcast have a good reputation as a local television provider?

Comcast is known as a very good cable TV provider. They have a broad product offering and competitive rates.


What is a broad paragraph?

what is broad