How And Why Market Segmentation Is Undertaken:
Gbogbo ọrọ náà
Not all customers are the same. The chocolate a small child loves is not the luxury box an adult buys as a gift; the car a high earner desires is not the one a budget-conscious family chooses. Smart businesses stop treating 'the market' as one big blur and instead split it into groups of similar customers. That splitting is called market segmentation.
In this lesson you will learn how markets can be segmented, by age, income, location, gender and more, why segmentation benefits a business, and how to recommend and justify the right method of segmentation for a given situation. By the end you will be able to target a product at the customers most likely to buy it.
Ebumnobi
- How markets can be segmented, e.g. according to age, socio-economic grouping, location, gender
- Potential benefits of segmentation to business
- Recommend and justify an appropriate method of segmentation in given circumstances
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Nnyocha Ọmụmụ
Ekele diri gi maka imecha ihe karịrị na How And Why Market Segmentation Is Undertaken:. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.
Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.
Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.
- Market segmentation means dividing a market into: A. fixed and variable costs B. groups of customers with similar characteristics C. public and private sectors D. exports and imports Answer: B
- Selling a budget car to low earners and a luxury car to high earners is segmentation by: A. age B. socio-economic group (income) C. location D. gender Answer: B
- A benefit of market segmentation to a business is that it: A. removes all competition B. makes marketing spending more cost-effective C. eliminates the need for a product D. guarantees zero costs Answer: B
- Selling waterproof coats only in a rainy region is segmentation by: A. gender B. income C. location/region D. lifestyle Answer: C
- A segment whose needs are not currently being met is called a: A. gap in the market B. balance of payments C. break-even point D. trade credit Answer: A
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Market Segmentation
What are the five basic forms of consumer and business market segmentation?
"Introduction to Business: Market Segmentation" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/introduction-business/pages/11-5-market-segmentation. Access for free at https://openstax.org/books/introduction-business/pages/1-introduction
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Ị chọrọ ime ajụjụ ule ọmarịcha gbasara How And Why Market Segmentation Is Undertaken:? Budata ngwa Green Bridge CBT iji nweta ajụjụ ule ọmarịcha na nyocha zuru ezu gbasara isiokwu a.
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