Which of the following is the first step of the market segmentation process? - rectoria.unal.edu.co

Which of the following is the first step of the market segmentation process? - tell more

Which of the following best describes the process of market segmentation? When marketers break up marketing efforts chronologically by month When marketers divide the mass market based on shared characteristics When marketers distinguish between marketing efforts based on cost When marketers approach the mass market with small pieces of undeveloped marketing ideas. The following best describes market segmentation: When marketers divide the mass market based on shared characteristics. Expert answered emdjay23 Points Search for an answer or ask Weegy. There are no new answers. There are no comments. which of the following is the first step of the market segmentation process?

Which of the following is the first step of the market segmentation process? Video

Market Segmentation Variables

Your final project is to develop a strategic marketing plan for either the Drip2 or the Miller product of Pine Technologies Limited. Pine technologies Limited started in in the central regions of Canada, as a company that sold devices that weighed and measured wheat. It was founded by a group of people that were farmers, mill owners, and engineers.

which of the following is the first step of the market segmentation process?

They found the best technology for measuring wheat and bag fill, combined with scales to weigh at an economical price. The focus on excellent technology was a founding principle of the company.

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In the early s they moved into grain filters and filtration technology. By the s that expanded into the industrial and liquid filtration technology as an extension of the seasonal wheat industry. At the end of World War II, they moved into the area of filler control process?? measurement.

which of the following is the first step of the market segmentation process?

The wheat market, while interesting and still a solid base, was expected to become very competitive from offshore, low cost producers. Pine Technologies Limited technology development was focused on the measurement of grains and liquids. With the expansion they gradually focused more and more on id filler applications with controlled sensors built into the process.

Evaluation:

In they sold off the measuring division and revisited their mission statement to focus on the area of fill and sensor equipment. They had developed and patented a number of products as an ongoing business practice in this area. As the need for growth in sales revenue and profits focus their marketing efforts, the opportunity to move into other business areas was identified. Pine technologies Limited is in the business of designing, manufacturing, marketing, servicing, and selling sensor fillers for automatic production lines that need packages filled to an optimal level.

These are supplied and serviced directly to our customers by our qualified technicians and sales people.

which of the following is the first step of the market segmentation process?

Pines customer base is in the powder, liquid and solids industries which service both customer and industrial businesses throughout the world. Pine markeet a customer driven, marketing focused, technology influenced, and engineering directed world-class manufacturer, determined to produce results that generate growth, value and the opportunity to reinvest in both human and financial company resources.

Press Release

This was a strong surge from previous years. They continued their sales growth for the past 11 years. From a financial perspective the company is cash-rich and invests in engineering and designed to keep click here products as leaders in the ov. Pine Technologies Limited has five products that focus in the automatic production lines market in North America and Europe. They produce filler heads with built-in sensors that manage the level of fill. They focus the product line to have one core package type for each container segment. Noted below is the list of current containers, fill type, and brand for each market.]

One thought on “Which of the following is the first step of the market segmentation process?

  1. As a variant, yes

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  3. I refuse.

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