The three groups a firm may target to establish a focused strategy are Demographic

| June 14, 2018

What are three groups (demographic, geographic, or other) that a firm might target to establish a focused strategy? Why would the business choose one of these groups (e.g., what makes these groups attractive to marketers?). Also, explain the potential risks of targeting these groups.The three groups a firm may target to establish a focused strategy are Demographic, Geographic or Psychographic to establish a focused strategy. A company would choose oneWhat is an example of a business that you think is too narrowly focused? How might it change its strategy or target to be more successful?

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