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Inessa05 [86]
3 years ago
15

Cathy's Clothes is a small yet successful retail chain that sells women's clothing and accessories with a focus on buyers who ha

ve relatively modest means. For this specific purpose, the firm has rolled out several marketing initiatives aimed at women of a specific demographic. This is an example of ________.
Business
1 answer:
Reptile [31]3 years ago
7 0

Answer:

Target Marketing

Explanation:

Candy's Clothes is engaging in target marketing because it is tailoring its marketing strategy (and its products) to a specific, narrowly-defined group of people, which can be thought of as the firm's niche.

This strategy is useful when companies have a clear idea of what demographic group they want to sell. Other firms have products with a broader appeal, and therefore, are better off using other marketing strategies that can reach a larger group of people.

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