Undifferentiated approach for selecting target market, Marketing Management

Assignment Help:

What is undifferentiated approach for selecting target markets?

Undifferentiated Approach:

In total market or undifferentiated approach, a company develops a particular marketing mix and directs that at the whole market for a single product. It is used when an organization explains the total market for exact product as its target market. As a company using the undifferentiated approach, supposes that individual customers into the target market for an exact type of products how similar requirements. Thus, the firm creates a single marketing mix which this hopes will satisfy most of such customers. Product which can be marketed successfully along with the undifferentiated approach comprise staple food items as like sugar and salt, specific kinds of farm produce and other goods which most customers think of like the same to competing products.

Companies which use the undifferentiated approach frequently try distinguishing their own products by competitor’s product through marketing activities.


Related Discussions:- Undifferentiated approach for selecting target market

Factors affecting pricing decisions, Factors affecting pricing decisions: ...

Factors affecting pricing decisions: the pricing decisions are influenced by the many factors. The price policies should be consistent with the pricing objectives. The influence f

Explain the term- advertising, Advertising Advertising is a non-person...

Advertising Advertising is a non-personal form of mass communication which offers a high degree of control to those responsible for the design and delivery of advertising mess

What is a behavioral measure of customer satisfaction, What is a behavioral...

What is a behavioral measure of customer satisfaction measurement? Behavioral Measures of Customer Satisfaction Measurement: This is sometimes believed that dissatisfactio

Importance of the marketing in the development of economy, Importance of th...

Importance of the marketing in the development of the economy : In all developed countries of the world, marketing is considered to be the key of the economic activities for the

How to select an ad agency, Q. How to select an ad agency? Financially...

Q. How to select an ad agency? Financially Sound: - The ad-agencies which are monetarily sound and have good turnover have better contract with media owners. The agencies whi

Case study, considering the concept of product life cycle where would you p...

considering the concept of product life cycle where would you put video games in thier life cycle

Define the term total quality management, Define the term total quality man...

Define the term total quality management. TQM is stands for total quality management: In a strategic context, QM is most accurately categorized as a tactic for carrying o

Briefly discuss the three major steps in target marketing, QUESTION ...

QUESTION Briefly discuss the three major steps in target marketing Suppose you are going to purchase a mobile phone, explain how you would apply the three levels of produ

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd