Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You take another look at the criteria for effective segmentation. Omar Goodwin, which market segment(s) meet all five criteria for effective segmentation? Select all segments

You take another look at the criteria for effective segmentation. Omar Goodwin, which market segment(s) meet all five criteria for effective segmentation? Select all segments that you feel meet the five criteria for effective segmentation. Segment 2 - University faculty Segment 3- Community members not affiliated with the university All three segments Segment 1 - University students Segments 1 & 2 Submit Segments Segmentation Evaluation Summary of 3 Segments Here's a summary of all 3 potential segments: Student Data Faculty Data Community Data Materials Segment 1: 18-23 year old male and female college students, working part-time jobs (income < $15,000), living within 2 miles of the restaurant that eat out for friendly get-togethers. Segment 2: Faculty aged 30+, with full-time jobs (income > $40,000), living within 10 miles of the university that eat out for happy hour with colleagues and dinner with family and friends. Segment 3: Community members (not affiliated with the university) aged 18-65, working full time making between $20,000 and $90,000 annually that eat out with family and friends

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Business Management Entrepreneurship and Beyond

Authors: Timothy s. Hatten

5th edition

538453141, 978-0538453141

More Books

Students also viewed these General Management questions

Question

=+What is the difference between explicit and implicit costs?

Answered: 1 week ago

Question

\f

Answered: 1 week ago