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blagie [28]
2 years ago
7

Criteria for forming segments involve both similarities and differences. In terms of the needs of buyers, the similarities must

be __________ a segment, and the differences must be __________ segments.
Business
1 answer:
kirill [66]2 years ago
7 0

Answer:

The correct answer is within; among.

Explanation:

Market segmentation is used by companies to separate the target audience with which they want to work. Considered as a market phenomenon, the technique consists of defining the marketing strategy by identifying the target market.

Segmenting this market means dividing it so that consumers are grouped according to a series of characteristics, needs or preferences. It is important that a segment has people with homogeneous factors and these depend on the objective of segmentation.

This separation into groups of consumers allows the company to identify and privilege one or more segments according to a range of objectives or products.

The segmentation process requires that the criteria that affect or influence purchase decisions be identified. There are various segmentation criteria: social, geographic, demographic, economic, social, lifestyle, and many others.

Normally, in a market segmentation it is necessary to address several of the criteria to better guide the marketing actions to follow. The more aspects that are used to characterize an audience, the easier it will be to develop a marketing strategy.

There is no way to think about segmenting a target audience without knowing what characteristics it needs to have in order for the strategy to be correctly defined.

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An electric power company uses block pricing for electricity sales. block pricing is an example of?
mario62 [17]

Answer:

Second-degree price discrimination.

<h3>Explanation:</h3>
  • Second-degree price discrimination occurs when a company charges a different price for different quantities consumed, such as quantity discounts on bulk purchases.
  • It involves pricing goods and services in such a way that it drums up demand and consumption.
  • There are various degrees of this strategy, notably first-, second-, and third-degree price discrimination.

To learn more about second-degree price discrimination, refer

to brainly.com/question/1065123

#SPJ4

5 0
1 year ago
What can be a cost of opening a basic checking account?
ivanzaharov [21]

Answer: High Fees

Explanation:

Checking accounts are very useful to the common person because of the liquidity they offer. With a Checking account, you are able to make withdrawals whenever you want by way of checks or ATM cards as many times as you want. Electronic transfers are available and depositing is quite simple.

In exchange for this high Liquidity though, the account receives low interest and can be subject to quite a number of fees.

Depending on the bank there are different fees attached with some of the most common being, Card processing fees, electronic and mobile banking fees, Overdraft fees, Maintenance fees and sometimes even a fee for letting the account drop below a minimum value.

5 0
2 years ago
Read 2 more answers
What is the present value of 4360 to be received at the beginning of each of 30 periods discounted at 5% compound interest
Sloan [31]

Answer:

The right solution is "70375.08".

Explanation:

Given that,

Present value,

= 4360

Interest rate,

= 5%

Time period,

= 30

Now,

The present value of inflows will be:

= (1+rate)\times \frac{Present \ value[1-(1+Interest \ rate)^{-time \ period}]}{rate}

= 1.05\times 4360\times \frac{[1-(1.05)^{-30}]}{0.05}

= 4360\times 16.1410736

= 70375.08

5 0
2 years ago
Which of the following pairs are characteristics of price-takers?
son4ous [18]

Answer:

C. Target costing and heavy competition

Explanation:

6 0
2 years ago
Select all that apply Careers in the agriculture, food &amp; natural resources career cluster include: 1)chef 2)graphic designer
enyata [817]

I think it's one and four but not so sure?

Did that help?

8 0
3 years ago
Read 2 more answers
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