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  • Posted
    Bread Bread is a product of daily use. Demand for it is more or less stable. The main criteria for segmentation of the bread market are: Geographic market segmentation. For example, cities and districts, at this stage population density is investigated. The amount of product sold depends on this direction. Demographic market segmentation. For the bread market, the division of the population into men and women is important. It is initially thought that men consume much more bread than women. Attention is also drawn to the number of families in the studied demographic group. Psychographic market segmentation. Segmentation criteria of the market of psycho-graphic character can divide the market into segments based on the following variables: - social class, - personality, - lifestyle. In recent years there has been a slight decline in demand for bread. Considering that an increasing number of inhabitants seek a healthy lifestyle and are struggling with overweight. Instead, demand for dietary bread or bread with the addition of grain mixtures is increasing. This induces the manufacturer to increase its range. Economic market segmentation. This includes such a criterion as the level of competition. For example, if the bread produced does not have its own individual characteristics, different from those already offered on the market, one can not expect high demand from customers. For the customer there will be no difference where to buy bread, a competitor or a newly opened company.
    March 8, 2018
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  • Posted
    I need your help to correct this article Hello! Could you correct the errors in this article, please. Thank you. Companies that use every market orientation are usually well-known not only in their own country, but also abroad. For example, to such companies belong: Ø DHL concern[1]; Ø Inditex group[2]; Ø Oriflame Holding AG[3]; Ø Casio Computer Co., Ltd.[4]; Ø Volkswagen concern[5]. A common feature of these companies is that they strive to understand the needs of customers. Its activities are based on own market research. After the development and sale of a product or service, conducting research to ascertain the views of consumers. Then can by the root improve the product or service, in accordance with the characteristic pattern of the firm. Therefore, the process of market research and product development is a continuous market orientation of the company.
    March 8, 2018
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