Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Several conditions must exist for market segmentation to be successful. These conditions include all of the following except Group of answer choices the total market
Several conditions must exist for market segmentation to be successful. These conditions
include all of the following except
Group of answer choices
the total market should be divided so that segments can be compared on sales potential,
costs, and profits.
customers' needs for the product must be homogeneous.
the company must be able to reach the chosen segment with a particular marketing mix.
segments must be identifiable and divisible.
at least one segment must have enough profit potential to justify developing and
maintaining a special marketing mix for that segment.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started