https://padlet.com/kayla_siwiec/bfp6h2841bab Type your first and last name, along with your answer to the question above. en-us 2017-11-13 22:06:43 UTC 2017-11-16 15:51:32 UTC hello@padlet.com kayla_siwiec https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206510066 This is an example of how your post should look. Put your name in the title and answer why companies divide populations into market segments here.]]> 2017-11-13 22:09:46 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206510066 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206836468 In order for companies to reach their precise customer they need to divide populations into similar segments. So that the marketers can create a custom marketing mix for the specific group. It allows the company to reach the consumer with their specific needs and wants which helps them to make better marketing decisions. ]]> 2017-11-14 17:04:31 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206836468 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206837697 Companies divide populations in order to market their product or service to a certain group to get the best results or profit. This is due to the various needs and wants of consumers in regards to the products or services. For example, a company that produces clothing for cold, winter activities such as skiing and snowboarding will most likely not target those who live in Arizona or Texas. They would instead target people who actively participate in these activities. ]]> 2017-11-14 17:06:34 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206837697 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206839156 Companies divide populations into marketing segments so marketing team can create a custom marketing mix for the specific group. They do this in order to reach their precise customer for their product.]]> 2017-11-14 17:08:51 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206839156 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206840192 Companies divide populations to advertise and market towards different groups of people or cultures]]> 2017-11-14 17:10:18 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206840192 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841049 Companies divide populations in order to market their product to a certain group. The main reason companies divide markets into groups is so the marketing team can create a custom marketing mix for the certain groups.]]> 2017-11-14 17:11:33 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841049 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841641 Companies divide populations in order to market their product or service to a certain group to get the best results or profit. This is due to the various needs and wants of consumers in regards to the products or services. For example, a company that produces clothing for cold, winter activities such as sledding and snowball fights will not target those who live in Arizona]]> 2017-11-14 17:12:28 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841641 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841679 Companies divide populations in order to market their product effectively to where they make the most profit. They need to do this because many people want different things, so companies do not want to waste their time marketing to people who are not interested in their product.]]> 2017-11-14 17:12:31 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841679 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841739 Companies divide populations into groups so that the marketing team can create a custom market for the specific group, the reason they do this is to increase gains they can receive by expanding their company to reach the groups they could not before.]]> 2017-11-14 17:12:38 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206841739 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206842088 Companies divide populations into market segments so that they can target certain consumers for a certain product and that they can profit off of.]]> 2017-11-14 17:13:10 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206842088 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206842339 Companies divide populations to market their product(s) to one main group. They also targeted certain groups: Females, males, education, social class, race, age, income. Dividing populations can allow businesses to reach consumers with specific needs and wants. ]]> 2017-11-14 17:13:34 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206842339 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206843454 The reason companies divide populations into market Segments is to identify which consumers will be a good candidate for a certain product, Every consumer doesn't have the same wants and needs so they go through this process to help identify what they need to do as a company to advertise and sell their product to the right group of consumers.]]> 2017-11-14 17:15:19 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206843454 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206843496 They group people into categories based on age, income, education, and gender. They divide populations so they can create a marketing mix for a specific group. This will help them make maximum profits for their product or service because they have identified who or what they are making their product or service for.]]> 2017-11-14 17:15:24 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206843496 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206843856 Companies divide populations into Market Segments to properly identify groups of people with similar wants and product needs. This helps them to easily develop products to fit certain group's needs.]]> 2017-11-14 17:16:00 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206843856 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206844005 Companies divide the population into segments to further understand why certain groups of people buy certain products. Dividing the population into segment groups also can increase sales for a company by targeting different groups of people. Companies divide their segments to appeal to different groups such as age, ethnicity, culture, location, etc.]]> 2017-11-14 17:16:14 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206844005 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206844581 2017-11-14 17:17:10 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206844581 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206844834 Companies divide populations into Market Segments to narrow down their target market to reach maximum profit for the company. This helps the company create products that specifically target the market that will make them the most profit]]> 2017-11-14 17:17:34 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206844834 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206845242  In order for companies to reach their precise customer they need to divide populations into similar  segments. So that the marketers can create a custom marketing mix for the specific group. It allows the company to reach the consumer with their specific needs and wants which helps them to make better marketing decisions. 

]]> 2017-11-14 17:18:13 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206845242 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206845757 Companies divide populations into market segments so that they can see people that have things in common. With this information the company can come up with different different products that they know will get bought by a certain number of people]]> 2017-11-14 17:19:02 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206845757 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206848842 Companies divide populations into segments to make it easier to target consumers. By separating consumers into these segments, they  are easier to study and appeal to. Needs and wants vary for different populations and types of people across the country. Why would you put a snowboard in a Walmart in the middle of Arizona? Boom.]]> 2017-11-14 17:23:55 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206848842 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206849905 Companies divide populations into market segments to minimize  the target market.  This helps to make the most profit. It will help to create a product to target a specific market.

]]> 2017-11-14 17:25:42 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/206849905 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/207731982 Companies divide populations so they can create a market segment and focus on a more detailed part of the market. This helps with how they market to that group and allows them to more properly target their wants/needs.]]> 2017-11-16 15:50:01 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/207731982 https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/207732017 Companies divide the population into market segments to really narrow their target down and maximize the amount of want they can get from a consumer and maximize profit.]]> 2017-11-16 15:50:04 UTC https://padlet.com/kayla_siwiec/bfp6h2841bab/wish/207732017