Chapter 37: Market Segmentation

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GCSE Business Studies Karteikarten am Chapter 37: Market Segmentation, erstellt von 19leesia am 23/02/2016.
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Zusammenfassung der Ressource

Frage Antworten
market segmentation they target segments that are made of consumers with similar needs.
what is the difference between the market segmentation in Heinz and Rolls Royce? Heinz: everyone Rolls Royce: the rich
What are the two types of market segmentation? Geographic Segmentation country, weather, culture Demographic Segmentation age, gender, income, race, religion
What are the benefits of market segmentation? increases revenue customers can be loyal(단골) can avoid 충돌구매 wider range of customers
what is a mass market? lots of customers large quantities(↑profit) more competition( ↑money spent on marketing)
niche marketing less competition sells to small customer group specific needs/wants
market segment part of a whole market where particular customer group has similar characteristics
socio-economic-groups division of people according to social class and employment status
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