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Effective segmentation criteria are necessary for target market identification. Market segments must be measurable, substantial, accessible, differentiable, and actionable. However, not all segmentation schemes are
Effective segmentation criteria are necessary for target market identification. Market segments must be measurable, substantial, accessible, differentiable, and actionable. However, not all segmentation schemes are usefulthe text uses table salt buyers for example.
1. Provide two examples of those products or services in which: segmentation criteria are not necessary and two examples where segmentation criteria are an absolute necessity. Explain these differences.
2. Devise a segmentation strategy
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