English, asked by yzza, 6 months ago

Entrepreneurs will take a look at each customer's demand in the market. Understanding your market will help reach your goal to compete with bigger competitors. Building positive relationships with customers required more understanding in customers purchasing motivations and habits.

____________ and ____________ basically joint hand in hand to promote its product and services. ____________ is a sage in market identification process that aimd to determine the buyer common need and behavior.

There are four (4) methods for segmentation, ____________, ____________, _____________ and _____________. There are two types of customer requirement the ___________ and ___________, the tangible and intangible things.

Understanding your market will help reach your goal to complete with bigger competitors. ​

Answers

Answered by sadhukhansauroja
46

Answer:

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Answered by dharanikamadasl
16

Unique Selling Proposition and Value Proposition basically joint hand in hand to promote its product and services.

  • The marketing claim you employ to persuade potential clients to buy your goods and services is known as a unique selling proposition (USP).
  • The whole marketing plan of a corporation includes a value proposition. Consumers are introduced to a company's brand through the value proposition, which explains to them what the firm stands for, how it functions, and why it merits their business.
  • Value proposition and unique selling proposition work together to promote the company's goods and services.

Market Targeting is a safe in market identification process that aims to determine the buyer common need and behavior.

  • Selecting one or more market segments or consumer groups to include in your marketing mix is known as target market identification.
  • According to the theory, mass marketing to every potential customer in the market as a whole can eventually be less beneficial for the company than customising that mix to match the specific wants and preferences of your target market.

There are four methods for segmentation Geographic, Demographic, Psychological, Behavioral.

  • The four primary categories of market segmentation are thought to be geographic, psychographic, behavioural, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types.

There are two types of customer requirement the Service requirement and Output Requirement, the tangible and intangible things.

  • Customer requirements are the particular qualities or traits that a product should have in order to meet the customer's expectations for quality and value and be useful and appealing to them.
  • These are fluctuating expectations that are constantly changing along with the periods, generations, technology, and trends.

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