Ask Question
BusinessBusiness
6 May, 10:50

Explain the following term:-

a) market segment

+2
Answers (2)
  1. 6 May, 11:37
    0
    Answer:market segment is a technique used to enable a business to better targets it products at the right customer

    Explanation:Is about knowing the specific wants or needs of customer group and then using those insight into providing products and services which meets customers needs and wants
  2. 6 May, 12:59
    0
    Answer:Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Explain the following term:- a) market segment ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is an example of an oligopoly?
Answers (1)
Sometimes, public goods whose benefits are less than their costs still get produced because: A. the marginal benefit is still larger than the marginal cost B. of externalities in production C.
Answers (1)
Duluth Co. collected a $6,000 cash advance from a customer on November 1, Year 1 for work to be performed over a six-month period beginning on that date.
Answers (1)
Park co. shipped inventory on consignment to recreations co. that cost $50,000. recreations paid $1,200 for advertising that was reimbursable from park. at the end of the year, 80% of the inventory was sold for $70,000.
Answers (1)
Ansel is planning a Google Ads campaign for his new plumbing client. He knows the client's top priority is new contact form submissions. His client is also interested in measuring newsletter subscriptions.
Answers (1)
New Questions in Business
Many people have argued that an income tax should be "marriage neutral," that is, two people should pay the same total tax whether they are married or they are single.
Answers (1)
Which company developed the first commercially successful computer? a. ibm b. apple c. amazon d. microsoft
Answers (1)
One of the best networking traits you can develop is
Answers (1)
The Bacon Company acquired new machinery with a price of $15,200 by trading in similar old machinery and paying $12,700. The old machinery originally cost $9,000 and had accumulated depreciation of $5,000.
Answers (1)
Which of these is an example of a tax on consumption?
Answers (1)
Home » Business » Explain the following term:- a) market segment
Sign Up Forgot Password?