Market Segmentation

Essay specific features

 

Issue:

Business

 

Written by:

Arthur A

 

Date added:

April 25, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1734

 

Was viewed:

4068 times

 

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Essay content:

We also use market segmentation to find niches or to identify under-served or un-served markets. "Using niche marketing, segmentation can allow a new company or new product to target less contested buyers and help a mature product seek new buyers" (Cumming). Niche marketing can also take a normally large, identifiable group within a market, break it into sub groups so marketing can become easier...
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Niche marketing can also take a normally large, identifiable group within a market, break it into sub groups so marketing can become easier. Niching offers smaller companies an opportunity to compete by forcing their limited resources on serving niches that may be unimportant to or overlooked by larger competitors (Mariotti)...
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