Marketers select and evaluate relevant market segments by understanding the market needs.

Name: Marketers select and evaluate relevant market segments by understanding the market needs.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Marketers use various methods to identify the needs and wants of their target market, and then evaluate and select the most relevant market segments to serve. By understanding the market needs, they can create a marketing mix that addresses the specific requirements and preferences of the target customers.

Marketers Select and Evaluate Relevant Market Segments by Understanding the Market