when a shoe maker chooses to concentrate his efforts on the consumer segment that is interested in running. this selection of a specific market segment is known as market targeting.
Market targeting:
- The final customer that a corporation seeks to sell its finished goods to is known as the target market. To grow market share, target marketing includes segmenting the total market into different groups and developing marketing plans for each group.
- A target consumer is someone who will most likely purchase your product. Additionally, it is a segment of the larger target market. For instance, if female athletes between the ages of 13 and 25 make up your target market, female athletes between the ages of 13 and 16 might be your ideal target consumer.
- The importance of selecting a target market lies in its ability to help the business focus its resources on those customers who have a high potential for sales growth, interest in the product, and brand loyalty.
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In the Gilded age, monopolies affected the small businesses as the monopolies forced small businesses to shut down. A monopoly arises when a single corporation dominates the market for a given product or service.
Monopolies frequently result in the closure of the smaller businesses. One business can regulate the product prices when it controls a particular market. Due to their size, most the monopolizing businesses can afford to reduce their prices so much that no small business can compete. Because of this, the smaller companies are left with no alternative except to shut down or combine with the monopolizing firm.
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Answer: I think its $8,100
Explanation:
i hope it helps
B) Sales Budget is the answer.
Answer: B. Money matters
Explanation: “Financial” means the management of money, so money matters would be the correct answer.