MARKETING
7th Edition
ISBN: 9781260087710
Author: Grewal
Publisher: RENT MCG
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Question
Chapter 9, Problem 2MA
Summary Introduction
To discuss: The various segments in the market for a pet supply store.
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Discuss the concepts of market segmentation and product positioning, and explain how they are related. What are the variables that can be used to segment markets? Also, how many variables should typically be used to segment markets efficiently? Justify your answer.
You have been asked to identify various segments in the market andthen a potential targeting strategy. Describe the segments for a petsupply store, and then justify the best targeting strategy to use.
Targeting is defined as evaluating each market segment's attractiveness and selecting one or more segments to enter. List and briefly explain the four targeting strategies.
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