Marketing Sales Question:
List the qualities of useful market segments?
Answer:
★ Segments must have enough profit potential to justify developing and maintaining
★ Consumer must have heterogeneous needs for the product
★ Segmented consumer needs must be homogeneous
★ Company must be able to reach a segment with its planned efforts. Must be able to measure characteristics & needs of consumers to establish groups.
★ Consumer must have heterogeneous needs for the product
★ Segmented consumer needs must be homogeneous
★ Company must be able to reach a segment with its planned efforts. Must be able to measure characteristics & needs of consumers to establish groups.
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