PATTERNS OF SEGMENTATION
Undifferentiated Marketing:
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:
Differentiated Marketing:
Several market segments are identified and different marketing mix is developed for each of the segments. Eg; consumer products.
Concentrated Marketing:
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:
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?
Reviewed by enakta13
on
September 05, 2019
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