What are the patterns of segmentation?

PATTERNS OF SEGMENTATION
Undifferentiated Marketing: 
Under this strategy, the producer or marketer does not differentiate between different type of customers. One marketing mix is used for the whole market. Eg. Pepsi.

Differentiated Marketing: 
Several market segments are identified and different marketing mix is developed for each of the segments. Eg; consumer products.

Concentrated Marketing: 
It is concerned with the concentration of all marketing efforts on one selected segment within the total market. Eg; Kid’s wear.

Customized or Personalized Marketing: 
In this case, firms view each customer as a separate segment and customized marketing programmes to that individual's specific requirements. Eg; civil engineers designing flats, villas, bridges, etc.
What are the patterns of segmentation? What are the patterns of segmentation? Reviewed by enakta13 on September 05, 2019 Rating: 5

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