why market segmentation is very important befor launching
the products
- 3 Answers
- 7184 Views
- I also Faced
- E-Mail Answers
Answer Posted / partha misra
Market Segmentation basically dividing the Market by
various categories like Age group,sex,Earning,profession
etc.It helps the company in knowing the requirements of the
customer better and inturn provide them with the product as
per their needs.It helps in getting customer satisfaction
and brand loyalty for the product.Hence market segmentation
also helps in concentrating to a target market to give the
best to the customer.Its a win-win situation for both the
customers and the provider.
| Is This Answer Correct ? | 10 Yes | 1 No |
Post New Answer View All Answers
What is vertical concepts of marketing??
What is the meaning of brand value?
Rate yourself on a scale of 1 to 5 on your ability to work under pressure where 1 is the least and 5 is the maximum?
name 5 indian business man name who have great business impact all over india .plz tell me some importent point.
Have you always met your sales goals?
Explain in brief the situations when you would be using
what is your experience in selling to government agencies?
What do you think is challenging in marketing?
What do you understand by the term Charge back?
9. Give me an example of a time when you motivated others, either in your community or place of work.
What are the essential skills that a marketing representative should possess?
What are the different types of Securities Market?
If you face any problem in your current organization then mention how would you solve the problem and benefit the company? (Describe it below in 300 words).
what is your career plan
Which of the entry level jobs in marketing would you prefer - sales, business development, marketing assistant, etc? And why?
