Question: why market segmentation is an important strategy-implementation tool? (Explain and discuss)

why market segmentation is an important strategy-implementation tool? (Explain and discuss)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

*URGENT* Explain abd discuss why market segmentation is an important strategy-implementation tool.

Q:

Explain abd discuss why market segmentation is an important strategy-implementation tool.

Q:

Marketing Segmentation, Targeting, and Positioning (STP) In order to be an effective and efficient business, firms should seek out their target customer market. A good understanding of the principles...

Q:

Describe market segmentation, how it is applied and why it is used. Explain the benefits and challenges to market segmentation and the risks involved in its use Discuss the role of databoth primary...

Q:

Market segmentation is marketings most important contribution to strategic management. Market segmentation helps a company to gain a better understanding enhance their products and services to suit...

Q:

Why social media marketing is an important strategy-implementation tool? Discuss

Q:

Answer all the questions:- 1. Your sportswear brand ZAKOTA is doing excellent in Canadian market for the last 10 years and now you have decided to expand your business into international markets....

Q:

Why social media marketing is an important strategy-implementation tool? Discuss

Q:

Why social media marketing is an important strategy-implementation tool ? Discuss

Q:

Why social media marketing is an important strategy-implementation tool? Discuss. (detail answers please)

Q:

Case Study Classic Sanitary Wares (CSW) manufactures and sells bathroom accessories in Adelaide. CSW is facing the following market challenges and opportunities: CSW needs to develop some...

Q:

The Deen Company's balance sheet as of December 31, Year 1 showed total shareholders' equity of $73,000. Total shareholders' equity increased by $42,500 between December 31 of year 1 and December 31...

Q:

A static budget is most useful forbudgeting variable costs.determining the costs at various levels of activity. estimation of fixed costs.evaluating a manager's performance in controlling variable...

Q:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...