Marketing Flashcards

1
Q

Niche Marketing

A

Niche marketing is identifying and exploiting a smaller segment of broader market through product differentiation

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2
Q

Mass Marketing

A

Selling standardised products to the whole market.

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3
Q

List 3 ways a company can differentiate their product from competitors.

A
  • Low prices
  • ## USP(Unique selling point)
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