Why has segmentation been a successful marketing strategy for Nokia?
1) Why has segmentation been a successful marketing strategy for Nokia? Market segmentation is essentially a marketing tool which purpose is to “allow your marketing/sales program to focus on the subset of prospects that are “most likely” to purchase your offering” (www.businessplans.org). Nokia understands this very succinctly by offering different product groups to the different subsets of markets. They categorize consumer groups not only according […]