TARGET MARKET STRATEGIES
After thoroughly evaluating the different segments, the company can follow one of three strategies: market aggregation, single-segment concentration, or multiple […]
After thoroughly evaluating the different segments, the company can follow one of three strategies: market aggregation, single-segment concentration, or multiple […]
Industrial markets can be segmented into some variables employed in consumer market segmentation. Such variables include geographic, benefits sought, and
There is no single way to segment a market. A marketer has to try different segmentation variables, singly and in
A market is the collection of people or organizations with (a) needs to satisfy (b) money to spend, and (c)
Apart from the basic strategic planning spanning several years into the future, it is also necessary to develop a more
Strategic marketing planning is a five-step process that assesses current performance; establishes specific marketing objectives; determines positioning and differential
Companies that adopt the marketing concept realize that marketing efforts are more successful when they are carefully planned. Strategic
The second set of forces that make marketing an endlessly changing activity is put in motion by individual enterprises
A company’s marketing system often operates within the framework of marketing forces, which constitutes the system’s environment. Such forces are
Every move a marketer makes is affected by, and has some effect on his marketing environment. This could happen on
Marketing management involves carrying out tasks to achieve desired exchanges with the target market. The question then is, what philosophy
Introduction Marketing management can be defined as the analysis, planning, implementation, and control of programmes designed to create, build, and