The target market and to describe the price points, atmospherics, service provided, merchandise, and location and the way Person X promotes the retail stores. In what manner Person X differentiates his store from other stores. Introduction: A target market is a market where an organization wants to sell its goods or services to the targeted set of customers.

Question

Want to see the full answer?

Answer 1

Question

Chapter 11, Problem 11.6CTE

Summary Introduction

To identify: The target market and to describe the price points, atmospherics, service provided, merchandise, and location and the way Person X promotes the retail stores. In what manner Person X differentiates his store from other stores.

Introduction:

A target market is a market where an organization wants to sell its goods or services to the targeted set of customers.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Home Depot Operations and Strategic Planning.

Home Depot Marketing and Distribution Strategies

Write the best answer in the blank. Here is your word bank: Ego, monetary risk, psychographic, physical risk, demographic, social risk, geographic, functional risk, behavioral, Super Ego, psychological risk, Ikea Effect, Classical Conditioning, Linked Prosperity, Id, J.N.D. Home Depot targets the Professional segment (e.g. contractors, builders etc). They purchase in bulk and generally have specific delivery requirements because of the types of products they purchase. Home Depot uses what basis of segmentation to target their “Pros”: _______________________