Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Subject category: Marketing
Published by: Ivey Publishing
Originally published in: 1988
Version: 2003-07-20
Length: 6 pages
Topics: Market strategy

Abstract

A major foundation for the formulation of marketing strategy is the concept of product-market fit. This means the extent to which the product- service offering of the marketer is consistent with the needs, wants, and behaviour of the market being served. The concepts of market definition, market segmentation, differentiation, and positioning are introduced.

About

Abstract

A major foundation for the formulation of marketing strategy is the concept of product-market fit. This means the extent to which the product- service offering of the marketer is consistent with the needs, wants, and behaviour of the market being served. The concepts of market definition, market segmentation, differentiation, and positioning are introduced.

Related