Chapter 37: Market Segmentation

Descrição

GCSE Business Studies FlashCards sobre Chapter 37: Market Segmentation, criado por 19leesia em 23-02-2016.
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FlashCards por 19leesia, atualizado more than 1 year ago
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Criado por 19leesia quase 9 anos atrás
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Resumo de Recurso

Questão Responda
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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