Give an example of business that uses market segmentation and targeting.

Individual or one on one marketing:
*
*
Differentiated Marketing:
*
*
Concentrated Marketing:
*
*
Mass or Undifferentiated Marketing:
*
*​


Sagot :

Answer:

1. One-to-one marketing or 1:1 marketing is a strategy that emphasizes having an individualized experience with customers. The personalization of interactions is thought to improve customer loyalty and have a high return on marketing investment. One-to-one is not necessarily a new concept.

2.Differentiated marketing is a strategy that involves a company creating marketing campaigns that appeal to two or more segments of their target audience. It helps companies improve brand recognition, reach a wider audience, meet customers' needs, and increase revenue.

3. Undifferentiated marketing, also called mass marketing, is a strategy that entails creating one message for an entire audience. It helps businesses reach more people at a lower cost and improves brand recognition