2. Market-
Market consist of all the potential
customers sharing a particular need or
want who might be willing and able to
engage in exchange to satisfy that need
or want.
Philip kotler.
3. Targeting-
Market targeting is the process of fixing
one’s target market . The marketing man
normally carries out several task in
addition to segmentation before
selecting the target market.
5. Product oriented-
Here the firm specializes in making a
certain product that it sells so several
segments.
P1 P2 P3 P4
M1 iiiiiiiiiiiiiiiiiiii
M2 iiiiiiiiiiiiiiiiiiii
M3 iiiiiiiiiiiiiiiiiiii
M4 iiiiiiiiiiiiiiiiiiii
6. Market oriented-
Here the firm concentrated on serving
many needs of a particular customer
group.
P1 P2 P3 P4
M1 iiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiii
M2
M3
M4
7. Single segment-
The company may select a single
segment.
P1 P2 P3 P4
M1 iiiiiiiiiiiiiiiiiiii
M2
M3
M4
8. Selective segment-
Here the firm selects a number of
segments .
P1 P2 P3 P4
M1 iiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiii
M2 iiiiiiiiiiiiiiiiiiii
M3 iiiiiiiiiiiiiiiiiii
M4 iiiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiii