Undifferentiated approach for selecting target market, Marketing Management

Assignment Help:

What is undifferentiated approach for selecting target markets?

Undifferentiated Approach:

In total market or undifferentiated approach, a company develops a particular marketing mix and directs that at the whole market for a single product. It is used when an organization explains the total market for exact product as its target market. As a company using the undifferentiated approach, supposes that individual customers into the target market for an exact type of products how similar requirements. Thus, the firm creates a single marketing mix which this hopes will satisfy most of such customers. Product which can be marketed successfully along with the undifferentiated approach comprise staple food items as like sugar and salt, specific kinds of farm produce and other goods which most customers think of like the same to competing products.

Companies which use the undifferentiated approach frequently try distinguishing their own products by competitor’s product through marketing activities.


Related Discussions:- Undifferentiated approach for selecting target market

7p, USES OF 7PS IN INDUSTRIES

USES OF 7PS IN INDUSTRIES

Introduction to sales promotion, Sales promotion: Meaning & definition...

Sales promotion: Meaning & definition: the word promotion originates from the Latin word "promovere" to move forward or to push forward. Sales and promotion are the two diffe

A-b split, A-B Split is a method of examining the effectiveness of media or...

A-B Split is a method of examining the effectiveness of media or marketing methods. Using A-B split marketing, a list of target names is divided into two groups on a random basis,

Communications opportunity analysis, Objectives/Learning Outcomes The m...

Objectives/Learning Outcomes The module coursework assessment is designed to enable you to partially demonstrate the learning outcomes required for the successful completion of

Block box, consumer mind is a block box

consumer mind is a block box

Marketing Plan, Marketing functions and activities to facilitate your strat...

Marketing functions and activities to facilitate your strategies formation and implementation of the game plan

Assignment, How should price be set on a product or service for the first t...

How should price be set on a product or service for the first time?

Forms of direct marketing\channels for direct marketing, Forms Of Direct Ma...

Forms Of Direct Marketing\Channels For Direct Marketing: direct marketers can use a number of channels for reaching prospects and customers. These include face to face selling dir

Distinguish between primary and secondary research, QUESTION a) Provide...

QUESTION a) Provide the major sources of external new product ideas and explain why these sources offer advantages over internal sources b) Each product will have a life cyc

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd