Types of market segmentation are-demographic-psychographic

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Reference no: EM133222578

Assignment:

Read, understand, analyze, and support your findings with your opinion. Give supportive examples whenever appropriate.

"The greatest strategy is doomed if it's implemented badly."

Bernard Reimann

Brand Adapting in the Times of Covid-19 and its Variants:

From Luxury Perfumes to Hand Sanitizers.
From Fast Fashion to Medical Supplies.
From iPhones to Face Masks.
Cartoon Network Delivers Hygiene Messages to Kids.
Making Working from Home Easier.

Less than 10% of strategies formulated are successfully implemented.

Market segmentation is about subdividing of a market into distinct subsets of customers according to needs and buying habits. It is a marketing strategy where groups of consumers are identified in order to present to them the most appealing products and product lines. The 4 types of market segmentation are: Demographic, Psychographic, Geographic, and Behavioral.

Reference no: EM133222578

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