Your target audience refers to the specific group of consumers most likely to want your product or service,…
While product differentiation is usually product-specific, product positioning is more about the audience that marketers are trying to…
It is a process by which the customers are divided into identifiable groups based on their product or…
The demand for Tesla cars is relatively price elastic. This means that consumers are very sensitive to the…
“I would like to inform you” is quite formal-sounding but might be appropriate, depending on the client. You…
Licensing fees result in high royalty costs for Spotify Streaming requires an Internet connection It is very similar…
Customer segmentation is the process by which you divide your customers into segments up based on common characteristics…
The 4P’s of marketing, also known as the producer-oriented model, have been used by marketers around the world…
Quality Standards are “a set of specific, concise statements which act as markers of high-quality, cost-effective care across…
Psychographic segmentation is the research methodology used for studying consumers and dividing them into groups using psychological characteristics…