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A: Characteristics of Favorable Market are as follows:- Subsidizing Frequently the greatest worry for…
Q: What is meant by Personal income?
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Q: What are the market segments? How would you plan on choosing your target markets and why?
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A: Yes, it is right for marketers to track consumer purchases.
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Q: What makes the market segmentation effective or ineffective.
A: Market segmentation can be referred to as the process of activity of dividing the entire customer…
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A: Market segmentation involves assembling incoming customers into groups with common needs and…
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A: Viable market should be practicable, it should be capable of success and continuing effectiveness,…
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A: Market segmentation is defined as it is process to dividing the market into smaller groups based on…
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A: Macro environmental elements are beyond the business's control and have no direct impact on it.…
Q: Can you give me an example of what I’ll be doing everyday as an marketer
A: A marketer is a person who takes all the decisions related to marketing of a product or service. The…
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- What are the Indicators of market potential according to Demographic characteristics?What is market opportunity analysis?In order for a market to exisit, there must be a need for a product, ability to pay, willing to buy, authority to buy, and be a group large enough to result in a profit. Without these, you do not have a viable market. What are some things a person can do to prevent not having a viable market?