Usually after segmentation, a company's marketing will continue to select the market segment that has been segmented previously. The selection of this segment is called Market Targeting. This selected segment is called the Target Market. Explain FOUR (4) types of market targeting that can be applied by a business. Condude with your opinion on which is the best market targeting strategy to be applied for a start-up cоmpany.

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 2DYMP
icon
Related questions
Question

principles of marketing 

Usually after segmentation, a company's marketing will continue to select the market
segment that has been segmented previously. The selection of this segment is called
Market Targeting. This selected segment is called the Target Market. Explain FOUR
(4) types of market targeting that can be applied by a business. Condude with your
opinion on which is the best market targeting strategy to be applied for a start-up
Cоmpany.
Transcribed Image Text:Usually after segmentation, a company's marketing will continue to select the market segment that has been segmented previously. The selection of this segment is called Market Targeting. This selected segment is called the Target Market. Explain FOUR (4) types of market targeting that can be applied by a business. Condude with your opinion on which is the best market targeting strategy to be applied for a start-up Cоmpany.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Marketing concept
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Marketing
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing