How segmentation influence company decision

J

Johnson2468

Notable

Member

Dec 23, 2022

2,787

167

Dex

$0.000

Raw Dex

$0.000

• Jan 11, 2023

• #1

Once a market has been segmented, a company can then evaluate each segment in terms of its size, growth potential, and profitability. The company can then decide which segments to target and develop appropriate products, pricing, and marketing strategies for each segment

 

B

Bisolami

Very Familiar

Member

Sep 19, 2022

17,833

1,539

Dex

$0.000

Raw Dex

$0.078

• Feb 1, 2023

• #2

Johnson2468 said:

Once a market has been segmented, a company can then evaluate each segment in terms of its size, growth potential, and profitability. The company can then decide which segments to target and develop appropriate products, pricing, and marketing strategies for each segment

Click to expand...

And it is very important for the company to make the right decision by targeting the right segments that they should

 

Shavkat

Very Familiar

Member

Sep 7, 2022

13,631

947

Dex

$0.515

Raw Dex

$0.003

• Feb 16, 2023

• #3

These are one of the best options. It can make the company decides which is best or not. I can say that this is an organize way to handle constraints in the company.

 

B

Bisolami

Very Familiar

Member

Sep 19, 2022

17,833

1,539

Dex

$0.000

Raw Dex

$0.078

• Feb 16, 2023

• #4

Well, you have a valid point
Anything that will help the company to make decisions especially when it is the right decision is needed.

 

flower

Notable

Member

Jan 9, 2023

4,978

86

Dex

$0.004

Raw Dex

$0.001

• Feb 18, 2023

• #5

Segmentation could also be regarded as specialisation and it will enhance productivity of a company and it will help a company make the right decision at the right time.

 

cherry123

Popular

Member

Sep 5, 2022

27,481

2,612

Dex

$0.791

Raw Dex

$0.001

• Feb 18, 2023

• #6

I think this segmentation is the best bet for a company that want to satisfy the customers of the company. You make products to meet the demands of those that will buy them

 

Heatman

Team Lead

Member

Jun 14, 2022

5,831

301

Dex

$0.000

Raw Dex

$0.020

• Feb 18, 2023

• #7

flower said:

Segmentation could also be regarded as specialisation and it will enhance productivity of a company and it will help a company make the right decision at the right time.

Click to expand...

This is exactly what I believe segmentation is all about and making sure that each and every department in the company is working at the very best in making sure that the company grows very well.

 

uptrendfinancialsignal

Well Known

Member

Nov 24, 2022

8,905

181

Dex

$0.004

Raw Dex

$0.121

• Mar 7, 2023

• #8

Segmentation is necessary for business growth and it is the same thing as specialisation.

 

Niyi Briggs

Well Known

Member

Nov 27, 2022

7,835

318

Dex

$0.000

Raw Dex

$0.200

• Mar 8, 2023

• #9

Market segmentation is an important aspect of target marketing. It helps you to identify the set of customers you should focus on and try to satisfy.

 

Chibson

Well Known

Member

Nov 22, 2022

7,087

435

Dex

$0.000

Raw Dex

$0.000

• Mar 8, 2023

• #10

when there is segmentation in a particular business venture then there will be productivity. Everyone will actually be at the area in which they are specialised in which will probably bring out the best in them.