Question
The purpose of market segmentation is to introduce a tailored message that will be received successfully. This is advantageous for companies that may have a
The purpose of market segmentation is to introduce a tailored message that will be received successfully. This is advantageous for companies that may have a product or service in the marketplace that boasts multiple benefits or uses for different types of customers. In view of this:
a) Identify and explain any FOUR (4) of the variables under demographic segmentation.
b) Using an example to illustrate, explain what is meant by the following terms:
i. Undifferentiated Marketing
ii. Differentiated Marketing
iii. Concentrated Marketing
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Step: 1
A Identify and explain any FOUR 4 of the variables under demographic segmentation Based on different factors there are several different variables by which demographic segmentation is done 1 Demograph...Get Instant Access to Expert-Tailored Solutions
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