Sept 22 Day 22 by Mikayla Williams https://padlet.com/mwilliams0581/hzta7n572ywvat12 Define the terms, identify an example and provide a picture. en-us 2021-09-22 11:44:54 UTC 2021-09-22 12:07:44 UTC hello@padlet.com Market mwilliams0581 https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759760951 A place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. 
Ex: Black market, auction markets, and financial markets.]]> 2021-09-22 11:50:05 UTC https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759760951 Marketing Segments mwilliams0581 https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759769330  A part of a market identifiable as having particular customers with specific buying characteristics.
Ex: Demographic, psychographic, behavioral and geographic segmentation.]]> 2021-09-22 11:54:40 UTC https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759769330 Target Market mwilliams0581 https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759776039 A particular group of consumers at which a product or service is aimed.
Ex: A women's clothing retailer directs its promotional efforts at women.

]]> 2021-09-22 11:57:57 UTC https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759776039 Behavioral Segmentation mwilliams0581 https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759782237 Divides consumers according to behavior patterns as they interact with a company. 
Ex: Purchasing behavior, benefits sought, buyer journey stage, usage, occasion or timing, customer loyalty and user status.]]> 2021-09-22 12:01:08 UTC https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759782237 Demographic Segmentation mwilliams0581 https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759786363 Customers and potential customers together by focusing on certain traits.
Ex: Age, gender, ethnicity, income, and level of education.]]> 2021-09-22 12:03:21 UTC https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759786363 Geographic Segmentation mwilliams0581 https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759790752 A marketing strategy to target products to people who live or shop in a specific location.
Ex: An ice cream company segmenting a country by how hot different regions are and targeting those specific areas that are hottest and therefore more likely to buy ice cream.]]> 2021-09-22 12:05:32 UTC https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759790752 Psycho-graphic Segmentation mwilliams0581 https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759795626 A market segmentation technique where groups are formed according to psychological traits that influence consumption habits drawn from people’s lifestyle and preferences.
Ex: Social status, daily activities, food habits, and opinions of certain subjects.]]> 2021-09-22 12:07:44 UTC https://padlet.com/mwilliams0581/hzta7n572ywvat12/wish/1759795626