Market Segments Essay
As (product, rice, promotion, and place). Mullions, 2010) Accessible: The segmentation criteria should measure or describe the segments clearly enough so that members can be readily identified and accessed, in order for the marketer to know whether a given prospective customer is or is not in the tar- get market and In order to reach the prospective customer with advertising or other marketing communication messages. (Mullions, 2010) Sizeable: the segmentation process should determine the size and market potential of each segment for use In proportioning which segments to pursue.
Mullions, 2010) A part of analyzing market segments is to understand who and where are the customers and why do they differ. Market segments should be formed in that way that difference between buyers within each segment is as small as possible. Segmentation helps marketers’ distinguish one customer group from another within a given market which is geographic area, demographic characteristics, social class, and stage in family life cycle, personality, self-image or benefits. Since every buyer has their own individual needs, preferences, resources etc, it may become a halogen If marketers are looking to cater every customer’s needs.
Since I am an athlete, I can be targeted for running shoes of a particular
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