Markets Flashcards
Niche and Mass
1
Q
What is a mass market?
A
Appeals to a large part of a market
2
Q
What are some examples of mass market products?
A
Coca Cola, Ford cars, Apple iPhones, Cadburys Dairy Milk, Walkers crisp
3
Q
What is a niche market?
A
Appeals to customers who have specific wants and needs
4
Q
What are some examples of a niche market?
A
Pet owners, traveler’s, fitness, homeowners/ renters, remote workers