Market segments can differ significantly in terms of Demographics, psychographics, purchasing behavior, and preferences. For example, younger consumers may prioritize convenience and technology integration, while older segments may value product reliability and customer service. Additionally, income levels can influence price sensitivity and brand loyalty, leading to distinct marketing strategies tailored to each segment's unique needs and desires. Understanding these differences allows businesses to effectively target their offerings and optimize their marketing efforts.
what is the differences between Industry and Market
Market segment is a market that has been divided into a channel group already. Segmentation is the process of identifying those market traits and dividing that market into a segment.
How should the company 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.
segments are fairly large and normally attract several competitors, niches are smaller and may attract only one or a few competitors
what is the differences between Industry and Market
different between otc market and orgnized market?
Relationship with humal capital & labour market
defined as the gap between the home market and a foreign market resulting from the perception and understanding of cultural and business differences.
Market segment is a market that has been divided into a channel group already. Segmentation is the process of identifying those market traits and dividing that market into a segment.
whats good in wet market??????
How should the company segment the market?
In commodity market, the segment that you have trade for profit is the commodity segment.
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.
In any area where the market segment would likely purchase the service
equilibrium is the responsiveness of quantity demand to a change in price.
segments are fairly large and normally attract several competitors, niches are smaller and may attract only one or a few competitors