ASSIGNMENT 1) Market segmentation Market segmentation is simply a modern marketing strategy in which the market for your customers are divided in various several groups and segments based on some major key factors such as demographic‚ geographic‚ psychological and behavioural factors. By dividing the market‚ the sellers that that try to deliver good value to their customers will be able to have better understanding of their target audience and thereby make their marketing more effective. Market segmentation
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Hybrid or electric cars have been developed over time by using ideas from hundreds of different people over hundreds of years. No one person can be given credit for this invention. The history of electric cars is divided into three different parts. The early years‚ from 1890-1929. People were very interested in this new idea. The middle years‚ from 1930-1989. During this time‚ not many people wanted to buy hybrid or electric cars. The current years from 1990-present. Hybrid cars are considered a
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John Tso Professor: Matthew Ryckebusch Navitas 101 Assignment #3 Word count: 925 The Benefits of Hybrid Cars There was once a time when you could turn on the news and not hear about the terrible state of the environment or the impending doom that is global warming. That time has become part of the past. The standard automobile can be blamed for a large portion of the conflict. Today’s large gasoline engines spew harmful emissions into the air every time we drive. Of course as a result‚ the
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changes and upgrades have been made in the improvement of cars. Be that as it may‚ until today‚ the 21st century‚ individuals are as yet utilizing gas or petrol fuel for cars. As for now‚ the talk of the town is hybrid cars. Hybrid cars are turning out to be progressively well known because of the cost of petrol which is going up and the attempt to save the environment. Hybrid cars are being assembled to look like gas powered cars. Although hybrid cars are not really mainstream yet‚ definitely there
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could be a possible outcome due to the fact that over the years‚ thousands of cars have been manufactured and most of them run and depend on fossil fuels. Today these fossil fuels are potentially in danger of running out due to the use of them in the vehicles we travel in every day. Currently cars such as hybrids are being manufactured and are being brought to attention so this problem will be less likely to occur. Hybrid cars are able to run on electricity and if the battery runs out of electricity
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Hybrid Car Technology: One Way to Reduce the Air Pollution Contents Bil. 1. Titles Introduction Pages 2 2. Hybrid Car Technology: One Way to Reduce the Air Pollution 3-5 3. Conclusion 6 4. Appendix 7-8 5. Reference 9 1 Introduction There are millions of cars on the road of Malaysia especially in Kuala Lumpur‚ main city of Malaysia. Each one is a source of air pollution in this country. The amount of pollutants such as Carbon Monoxide that
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Market segmentation Introduction Market segmentation is a marketing strategy that is one of steps goes into defining the selection of consumers who have common need and will assist consumers with products that satisfy their individual sets of needs and buying practices. The purpose of market segmentation is to guide the consumer purchases‚ businesses are offering through marketing and sales program to maintain sales and growth of the business to survive from competitive market industry. In order
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A hybrid vehicle is one that combines the best features of two different energy sources‚ one of which is electric power. The three vehicle I would choose is a Ford Escape‚ Chevrolet Tahoe‚ and a Honda Insight. Hybrid are a viable option than other cars because owner will never have to buy gasoline. Also‚ driving a hybrid is good for pollution levels. There are no emissions to harm the environment. The pros for the Ford Escape it is the most-fuel efficient SUV‚ very smooth between gas and electric
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Market Segmentation The purpose for segmenting a market is to allow your marketing/sales program to focus on the subset of prospects that are "most likely" to purchase your offering. If done properly this will help to insure the highest return for your marketing/sales expenditures. Depending on whether you are selling your offering to individual consumers or a business‚ there are definite differences in what you will consider when defining market segments. Market segmentation is a marketing
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content 1. Introduction: 4 2. Market Segmentation 5 3. The Concept of Market Segmentation 5 4. The Process of Market Segmentation 5 5. Demographic Segmentation 5 6. Geographic Segmentation 5 7. Psychographic segmentation 6 8. Behavioural Segmentation 6 9. Market targeting 7 10. Market Segmentation Limitations 8 11. The Positioning Concept 9 12. Positioning Strategies 10 13. References 11 Abstract This paper looks at the use of market segmentation as a tool for improving customer
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