Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. explain the main market segmentation methods used

Explain the main market segmentation methods used in the selected organization. In your opinion, what segmentation...

50.1K

Verified Solution

Question

General Management

Explain the main market segmentation methods used in theselected organization. In your opinion, what segmentation method(s)will be most effective in the organization, and why? (600 words).(B629 TMA)

Answer & Explanation Solved by verified expert
4.4 Ratings (844 Votes)
There are generally four types of market segmentation methods Geographical Demographic Physiographic and Behavioral For instance let us take an example of Mobile Manufacturing firm Apple Inc The most suitable market segmentation strategy for Apple Inc would be Psychographic method Apple Inc is known for its Consumer Electronics products The psychographic market segmentation approach involves factors like lifestyle social class personal values attitudes interest opinions of the    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Recent changes in how employees receive retirement, e.g. througha defined contribution plan vs. a...

Basic Math
1.2K views

The diameters of aluminum alloy rods produced on an extrusion machine are known to have a...

Chemistry
1.2K views

How is the mass of a compound related to its chemical formula?.....I needed some explanations and...

Medical Sciences
1.2K views

Your friend keeps telling you that fatty acids are broken down to sugar in the body...

Biology
1.2K views

Fill in the spaces with the correct location of occurrence of light dependent and independent...

Basic Math
1.2K views

The graph of f x 7 x Which of the following is stretched vertically by...

Basic Math
1.2K views

Part A: Solve the equation 5(x + 2) = 6x + 3x - 14, and...

Calculus
1.2K views

A box with an open top is to be constructed from a rectangular piece of...

Accounting
1.2K views

3. Name an appropriate name of a short-term liabilities. a. What is a short-term liability...

Accounting
1.2K views

Music is Us., is a popular source of musical instruments for professional and amateur musicians...

Finance
1.2K views

Consider the case of Purple Lemon Shipbuilders Inc.: Purple Lemon Shipbuilders Inc. can issue a...

Accounting
1.2K views

Hello, Please I need a paraphrasing of the following: 4. Supplier Onboarding The AI-powered software...