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Nadya [2.5K]
2 years ago
15

to effectively segment a market, you should ensure that the segments are relatively blank , at least in terms of prospective buy

ers' needs and response to marketing.
Business
1 answer:
Brilliant_brown [7]2 years ago
4 0

To segment a market effectively, you should make sure the categories are fairly homogenous, at least in terms of the demands of potential customers and how they react to marketing.

Organizing potential customers into groups or segments with comparable demands and responses to marketing actions is referred to as market segmentation in marketing. Market segmentation helps businesses to target various customer groups who view the entire worth of particular goods and services in a variety of ways.

By identifying the items that are most likely to capture a portion of a target market and the most effective channels for marketing and distributing those products, market segmentation aids businesses in reducing risk.

To learn more about market segmentation here

brainly.com/question/14838959

#SPJ4

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The ability of an organization to produce services that, by utilizing the consumer's five senses, have some uniqueness in their
Sidana [21]

The ability of an organization to produce services that, by utilizing the consumer's five senses, have some uniqueness in their characteristics is experience differentiation.

Explanation:

Experience-based differentiation (EBD) which we describe as: a continuously loyalty-building systematic response to customer interaction. Don't linger on the word too much.

Organisations must pursue a multi-year path to achieve with EBD. This is why organisations will make this is one of every top business initiatives. In the financial sector, education and travel sectors we foresee EBD to make rapid progress.

WACOAL DIA, a luxury brand of WACOAL, is an example of marketing by which expertise in the procurement process has been improved.

5 0
3 years ago
Sampson Company's accounting records show the following at the year ending on December 31, 2010: Purchase Discounts $ 5,600 Frei
Ivahew [28]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Purchase Discounts $ 5,600 Freight - in 7,800 Purchases 200,010 Beginning Inventory 23,500 Ending Inventory 28,800 Purchase Returns 6,400 Using the periodic system

Purchased= 200,010 + 7,800 - 5,600 - 6,400= $195,810

7 0
4 years ago
When a negative real shock hits the economy, in the absence of any monetary intervention?
Reptile [31]

When a negative real shock hits the economy, without monetary intervention, both inflation and real growth will decline.

Inflation can be defined as an increase in prices, which can be translated as a decrease in purchasing power over time. The rate of decline in people's purchasing power can be reflected in the increase in the average price of a selected basket of goods and services over a period of time. An increase in price, which is often expressed as a percentage, means that one unit of currency is effectively buying less than it did in the previous period. Inflation can be contrasted with deflation, which occurs when prices fall and people's purchasing power increases.

You can learn more about inflation here brainly.com/question/28190771

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6 0
2 years ago
The price elasticity of demand, E, is defined as the:
Over [174]

Answer:

The correct answer is "Percentage change in quantity demanded divided by the percentage change in price of that good".

Explanation:

The elasticity of demand is a measure used in economics to show the degree of response of the quantity demanded of a good or service to changes in the price it presents. It grants the percentage change of the quantity demanded about a unitary percentage change in the price, with the other variables considered constant.

The E is a measure of the sensitivity of the quantity demanded of a good or service to changes in its price. Its formula normally produces a negative result due to the inverse nature of the relationship between the price and the quantity demanded.

Have a nice day!

6 0
3 years ago
What was the trade discount rate if merchandise with a list price of $14,200 was sold at a net price of $9,940?
Marianna [84]
30% off. 14,200 multiplied by 0.7 equals 9,940. 1.0 - 0.7 = 0.3
6 0
4 years ago
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