Identifying Market Segments and Targets
Across
- 3. The firm makes a certain product that it sells to several different market segments.
- 6. Division of the Market into different geographical units such as nations, cities, states, regions, neighborhood etc.
- 8. requirement for effective segmentation
- 9. Here buyers are divided into groups on the basis of psychological/personality traits, lifestyles or values.
- 10. buyers are divided on the basis of their knowledge of attitude toward, use of, or response to a product.
Down
- 1. a firm selects a number of segments. Each objectively attractive and appropriate, there may be little or no synergy between the segments.
- 2. The firm concentrates on serving many needs of a particular customer.
- 4. The market is divided on the basis of variables such as age, family, size, family life cycle, gender, income occupation, education, religion etc.
- 5. Division of the Market into different geographical units such as nations, cities, states, regions, neighborhood etc.
- 7. is a more narrowly defined customer group seeking a distinctive mix of benefits.