Question: What exactly is market segmentation, Mitchell Garde? It's when a marketer divides a larger market, such as the entire city, into smaller groups like university
What exactly is market segmentation,
Mitchell Garde?
It's when a marketer divides a larger market,
such as the entire city, into smaller groups like
university faculty, university students, or
young professionals working in the
community. We determine what those smaller
groups will be based on meaningful
characteristics common in that group.
Market segmentation is about developing
nonpersonal communications that help to
promote positive relationships between the
restaurant and all of its various publics.
It is developing nonpersonal communication
about the restaurant that is paid for by us and
used to reach your various markets.
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