Q. No word count: Let's look at Marriott Hotels. At one time there was only full service Marriott Hotels. Now they have several different formats each designed for a different target market. Therefore, folks driving from San Antonio to Jacksonville can stay at a Fairfield Inn. Therefore, Fairfield inn has a different marketing mix the product, the price, promotion and place.
The key point to remember is normally when you segment for a specific target market, your marketing mix is different as well.
Other segmented markets comprise athletic shoes, cars and more.
Can you think of others?
If you were starting a trade, buying a trade would you segment the market? Illustrate what criteria would you use?