Market Segmentation Assignment Help, Market Segmentation Homework Help

Our team at AssignmentDesign.com provides  Marketing Segmentation homework help, Marketing Segmentation assignment help  and  Marketing Segmentation project help in Marketing at all levels. Our team of Marketing experts provides help, guidance and explanation in various areas in Marketing to students of Australia, US, UK, Canada, UAE,  Saudi Arabia, Kuwait, Singapore, Malaysia, Saudi Arabia and HongKong. You will get prompt assignment advice with the needed explanation from our experts.

 

Marketing segmentation               

Marketing segmentation is about the concept of dividing the market into different sections. The different sections of the market are individual markets that can be approached by the seller. The seller can approach individual markets by using a marketing strategy suitable to that individual market.

The classification of market is done for the following reasons:

*      Designing a market strategy suitable to the individual market

*      Better understanding of the customer preferences

*      Avoid wastage of resources such as time and money on unfruitful markets

*      Creating a product niche according to the success in a new market

*      Product development to build a product that is more suitable to a new market

 

Types of marketing segmentation:

Now that we know about the advantages of marketing segmentation, we can focus on the types of market segmentation.

Market segmentation can be done on the basis of following factors:

*      Demographic factors such as age, sex, income

*      Geographic factors such as location based on entire national territory, particular state, or particular city

*      Psychographic factors such as values and lifestyle

*      Behavioral segmentation based on factors such as attitudes and preferences

 

According to the above market segmentation, the company can then avail of an appropriate marketing strategy that is suitable to the specific market. Let us now take note of a few examples of strategies designed to approach a particular market on the basis of demographic segmentation.

 

 

The following are examples of particular markets suitable to a given product category:

*      Baby products such as diapers and baby soaps are suitable for a market where there is young population that is comprised of newly married couples and they are planning to have a family.

*      Hearing aids, assisting devices mechanical or non-mechanical to walk, sit and stand for senior citizens with or without disability

*      Mobile phones, smart phones targeted towards young working population

*       Loan schemes for young entrepreneurs who are planning to set up a new business

Hence, it can be observed in the above article that marketing segmentation itself is a brilliant strategy to those who are going to design and build various categories of products for a wide customer base with individual and specific preferences and lifestyle choices.

 

 TAGS: market segmentation assignment help,market segmentation assignment expert, marketing segmentation assignment writer,online marketing segmentation assignment help,marketing segmentation assignment, marketing segmentation assignment writing services

Marketing Segmentation Assignment Help / Marketing Segmentation Homework Help is available at our services in 2 simple steps.

      1.  Submit Market Segmentation Assignment / Market Segmentation Homework /Market Segmentation dissertation   requirements 

            below.
    

        2. Contact us via contact form/email/ live chat to get a quote.