Please don't copy from internet 2. Walmarts success can be linked to its extensive data collection efforts. They record information about every sales transaction. Explain the kind of research Walmart is into?

Please don't copy from internet 2. Walmarts success can be linked to its extensive data collection efforts. They record information about every sales transaction. Explain the kind of research Walmart is into?

MARKETING 2018

19th Edition

ISBN:9780357033753

Author:Pride

Publisher:Pride

Chapter6: Target Markets: Segmentation And Evaluation

Section: Chapter Questions

Problem 3SC

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Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.

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