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3 years ago

An advantage of a firm pursuing multiple segment specialization is that:

2 answers:

Ber [7]3 years ago

7 0

An advantage of a firm pursuing multiple segment specialization is that IT CREATES THE LARGEST POTENTIAL MARKET FOR THE FIRM'S PRODUCTS OR SERVICES. Multiple segment specialization is a marketing technique whereby a company tries to gain customers from more than one type of market for the same product. The principal reason for using this strategy is to increase the number of customers using one's products.

geniusboy [140]3 years ago

6 0

A preferred position of a firm seeking after various fragment specialization is that IT CREATES THE LARGEST POTENTIAL MARKET FOR THE FIRM'S PRODUCTS OR SERVICES.

Further Explanation:

Multi segment specialization:

A showcasing technique when an organization attempts to pick up clients from more than one kind of market for a similar item and utilizations, consequently, various sorts publicizing, which can be expensive additionally called separated promoting.

multi segment advertising:

A separated advertising technique is one in which the organization chooses to give separate contributions to each extraordinary market portion that it targets. It is likewise called multi fragment showcasing. Each portion is focused with a specific goal in mind, as the organization gives novel advantages to various fragments.

item specialization:

Item specialization is one methodology an organization can use to target explicit client market sections. This methodology works for organizations that represent considerable authority in a fantastic item and can redo it to fit the particular needs of various sections.

Purpose of specialization:

Specialization is a strategy for creation whereby an element centers around the generation of a constrained extent of merchandise to pick up a more noteworthy level of proficiency. Numerous nations, for instance, have some expertise in creating the products and ventures that are local to their piece of the world, and they exchange for different merchandise and enterprises.

Subject: business

Level: High School

Keywords: Multi segment specialization, multi segment advertising, item specialization, Purpose of specialization.

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Explanation:

Let us assume Sales be $500 per month

Monthly

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​ An advantage of a firm pursuing multiple segment specialization is that:

An advantage of a firm pursuing multiple segment specialization is that: