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Date: June 29th, 2009

Market Coverage Strategies

29 June, 2009 (07:28) | General Info | By: Administrator

Marketing managers use three basic market coverage strategies: undifferentiated, differentiated, and concentrated.
An undifferentiated strategy focuses on the common needs of consumers rather than their different needs. Products are designed to appeal to the largest number of potential buyers.
A differentiated strategy decides to divide and target several market segments, a different marketing plan for each [...]