Tuesday, May 9, 2017

Ch. 8 - Segmenting and Targeting Markets


APPLE'S SEGMENTING AND TARGETING MARKETS


The market segmentation concept is crucial to market strategy. Apple has targeted and marketed their products to consumers with a few certain characteristics. Apple doesn't target markets in the same way many of their competitors do. They focus on users more than the target markets alone. This doesn't mean Apple are exempt or ignorant of the "laws" of marketing, but instead they use a unique form of marketing strategy called psychographic segmentation to appealing to all consumers no matter the age, race, income level, and/or demographic.


No comments:

Post a Comment