HSC Production Management and Marketing 2nd Paper 4th Chapter Note Market Segmentation & Marketing Mix. What is market segmentation? Segmenting includes a number of focal points: psychographic segment, demographic segment, geographic and price segments, and more. You need to define the target market to build an effective marketing strategy and plan. Segmentation is the act of dividing your marketplace into narrower, targeted buyers or groups of buyers.
HSC Production Management and Marketing 2nd Paper 4th Chapter Note Market Segmentation & Marketing Mix
Understand how to define target markets and to focus your marketing strategies directly on your customers’ needs. Your goal in market segmentation is to target the ‘best’ prospective customers and, therefore, those most likely to buy specific products or services. Target marketing is focusing your marketing plans on specific segmented markets. Pay attention to those markets when you develop your marketing mix program for your products and/or services.
teachingbd24.com is such a website where you will get all kinds of necessary information regarding educational notes, suggestions and question patterns of schools, colleges, and madrasas. Particularly, you will get here special notes of physics that will be immensely useful to both students and teachers. The builder of the website is Mr. Md. Shah Jamal who has been serving for 32 years as an Assistant Professor of Physics at BAF Shaheen College Dhaka. He expects that this website will meet up all the needs of Bengali version learners /students. He has requested concerned students and teachers to spread this website home and abroad.