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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
10 / 2681 |
Essay's paper body
Some "need" categories for segmentation include:
Reduction in expenses
Prospects might be businesses that are downsizing (right sizing),
businesses that have products in the mature stage of their life cycle or
individuals with credit rating problems.
Improved cash flow
Prospects might be businesses that have traditionally low profit
margins, businesses that have traditionally high inventory costs or
individuals that live in expensive urban areas...
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or individuals who believe in say 'no' to drugs,
anti-crime, etc.
Specific - relating to product/service characteristics
Prospects might be businesses or individuals interested in safety,
security, economy, comfort, speed, quality, durability, etc.
Factors that segment prospects
Having determined the more general segmentation characteristics you can
proceed to a more detailed analysis of the market...
Essay fragment
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