[target] According to the text, all of these are criteria used for selecting target market segments except which? O competitive position O market size O simplicity and cost of assigning potential buyers to segments compatibility with the organization's objectives and resources O cost of reaching the segment
[target] According to the text, all of these are criteria used for selecting target market segments except which? O competitive position O market size O simplicity and cost of assigning potential buyers to segments compatibility with the organization's objectives and resources O cost of reaching the segment
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
![[target] According to the text, all of these are criteria used for selecting target market segments
except which?
O competitive position
O market size
O simplicity and cost of assigning potential buyers to segments
compatibility with the organization's objectives and resources
O cost of reaching the segment](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8f0470c7-e9db-41c2-b89b-22c87c01f8e0%2F48011b4a-ee94-4822-89b0-e3dd48cc6590%2Fttapcy6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:[target] According to the text, all of these are criteria used for selecting target market segments
except which?
O competitive position
O market size
O simplicity and cost of assigning potential buyers to segments
compatibility with the organization's objectives and resources
O cost of reaching the segment
Expert Solution

Step 1
Ans. Market segmentation is the process of dividing the target market into different segments onthe basis of different characteristics such as size, gender, needs and location etc.
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