one segmentation variable is common in business markets but not relevant to consumer markets. Briefly define this variable and give an example

Q: The requirements for effective segmentation are measurable, accessible, substanial, and actionable.…

A: Effective Segmentation Identifying the wants for effective market segmentation permits corporations…

Q: Of the segmentation categories (i.e., segmentation bases), compare their relative value for…

A: Segmentation is the process of categorizing the prospective customers into shared characteristics so…

Q: What is a market? What are the requirements for market? What is market segmentation? Define…

A: Every business want to provide goods and services to consumers as per their needs and wants.…

Q: What are the diffrent ways to segment a consumer market? Does it makes sense to use more than just a…

A: After the production process, the marketing process starts in an organization which helps to promote…

Q: How is the practice of market segmentation related to the marketing concept?

A: The marketing management orientation is the strategy that a company implements to satisfy the…

Q: Discuss the concepts of market segmentation and product positioning, and explain how they are…

A: Introduction  STP marketing in full form is Segmentation, Targeting, and Positioning.  It is a…

Q: A college wants to focus its marketing efforts on retention of current students. They have a choice…

A: Before getting into the question, let’s first understand the concept of segmentation. Segmentation:…

Q: Explain what market segmentation is and when touse it

A: STP refers to Segmentation, Targeting, and positioning which is a concept used in marketing. The STP…