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Target Markets and Segmentation

... Using focus groups and new car buyer surveys, we have found that the customers key decision points are as follows:
·     Readily available fuel
·     Size and comfort
·     Safety
·     Visual appeal
·     Overall efficiency
·     Price
·     Long term customer support (ease of repair and service)

The dimensions of a car, price, and convenience play a significant role in selecting our target market. ... Electric cars that are smaller in demission – 2 seaters – shut out the nuclear families from its target market. The electric car manufactors have to start off with a small target market until the popularity of the electric car takes off. ... A company cannot serve everyone in broad markets such as soft drinks (for consumers) and computers (for businesses), because the customers are too numerous and diverse in their buying requirements (Kolter; 2001; p. ... We have identified our target market as not just the hobbyist, but the commuter.


Approximate Word count = 792
Approximate Pages = 3.2
(250 words per page double spaced)
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market segmentation process the targeting strategy and posit

using segmentation as a means of competative advantage

Market Segmentation

market segmentation process the targeting strategy and posit

market segmentation process the targeting strategy and posit

market segmentation

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