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Marketing. A target market, also known as serviceable obtainable market ( SOM ), is a group of customers within a business 's serviceable available market at which a business aims its marketing efforts and resources. A target market is a subset of the total market for a product or service. The target market typically consists of consumers who ...
Galileo di Vincenzo Bonaiuti de' Galilei (15 February 1564 – 8 January 1642), commonly referred to as Galileo Galilei ( / ˌɡælɪˈleɪoʊ ˌɡælɪˈleɪ /, US also / ˌɡælɪˈliːoʊ -/, Italian: [ɡaliˈlɛːo ɡaliˈlɛːi] ), was a Florentine astronomer, physicist and engineer, sometimes described as a polymath.
Dieng Volcanic Complex. / -7.20; 109.92. The Dieng Volcanic Complex ( Javanese: ꦢꦶꦲꦾꦁ, romanized: Dihyang) is a volcanic complex located on the Dieng Plateau in Central Java, Indonesia, a complex of volcanoes. The volcanic complex consists of two or more stratovolcanoes, more than 20 small craters, and Pleistocene to Holocene -age ...
Market research is an organized effort to gather information about target markets and customers. It involves understanding who they are and what they need. [ 1] It is an important component of business strategy [ 2] and a major factor in maintaining competitiveness. Market research helps to identify and analyze the needs of the market, the ...
Volcaniclastics are geologic materials composed of broken fragments ( clasts) of volcanic rock. [ 1] These encompass all clastic volcanic materials, regardless of what process fragmented the rock, how it was subsequently transported, what environment it was deposited in, or whether nonvolcanic material is mingled with the volcanic clasts. [ 2]
Market segmentation is the process of dividing up mass markets into groups with similar needs and wants. [2] The rationale for market segmentation is that in order to achieve competitive advantage and superior performance, firms should: "(1) identify segments of industry demand, (2) target specific segments of demand, and (3) develop specific 'marketing mixes' for each targeted market segment ...
Marketing channel. A marketing channel consists of the people, organizations, and activities necessary to transfer the ownership of goods from the point of production to the point of consumption. It is the way products get to the end-user, the consumer; and is also known as a distribution channel. [1] A marketing channel is a useful tool for ...
Horizontal and vertical market. The medicine industry is an example of a vertical market. A vertical market is a market in which vendors offer goods and services specific to an industry, trade, profession, or other group of customers with specialized needs. A horizontal market is a market in which a product or service meets the needs of a wide ...