Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The segmentation, targeting and positioning (also known as STP) process is a fundamental marketing principle. Once an organisation has segmented its market into well-defined segments
The segmentation, targeting and positioning (also known as STP) process is a fundamental marketing principle. Once an organisation has segmented its market into well-defined segments of customers with similar needs, the next step is to target specific segment(s). There are three main strategies for targeting priority segments.
Discuss the three (3) strategies for targeting priority segments and practically apply this to the online e-commerce industry in South Africa. (15)
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