Question

Your company has decided to localize its products and services to meet local market demands. A good approach to use would be _____________ segmentation

Answer 1

Answer:

Geographic

Explanation:

Answer 2

Your company has decided to localize its products and services to meet local market demand. A good approach to use would be Geographic segmentation.

• Localizing the product in services is very important as it helps the business to connect to the masses. Geographic segmentation helps the product to be available at the right place and at the right time.
• Geographic segmentation is a marketing strategy that is used to target products or services at people who live in or shop at a particular location.
• This means one does not need to travel or wait for the product but can easily get it at the nearby store.