Prıncıples Of Marketıng Deneme Sınavı Sorusu #1405096

What kind of marketing strategy focuses on a small and well-defined segment?


Segmented marketing

Mass marketing

Local marketing

Niche marketing

Individual marketing


Yanıt Açıklaması:

Concentrated (niche) marketing is a market- coverage strategy in which a firm goes after a large share of one or a few segments or niches. This approach supports the idea of being a big fish in a small pond instead of being a small fish in a big pond. By focusing on a small and well-defined niche segment, this approach lets the company to market more effectively and efficiently.

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