How do entrepreneurs use the segment, target, and position (STP) process to increase the probability of success of their new venture? In your response, consider the ramifications and complexities of deploying scarce resources usually present in most new ventures. Be sure to explain why this is important to consider and discuss.

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
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How do entrepreneurs use the segment, target, and position (STP) process to increase the probability of success of their new venture?
In your response, consider the ramifications and complexities of deploying scarce resources usually present in most new ventures.
Be sure to explain why this is important to consider and discuss.

 

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