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Economics Asked by a SnapAndSolve user · about 2 hours ago

• Are groups of potential [__________] who have common needs or wants and are willing and able to buy a...

• Are groups of potential [__________] who have common needs or wants and are willing and able to buy a product
• Are not only a place, but a set of people or organizations who create [__________] for a product
• Include the following examples:
o athletic [__________] markets
■ include customers who [__________] shoes for sports, fashion or everyday use
■ shoe brands must understand which market [__________] to serve

Answer

  1. Are groups of potential customers who have common needs or wants and are willing and able to buy a product

  2. Are not only a place, but a set of people or organizations who create demand for a product

  3. Include the following examples:

    1. athletic shoe markets

    2. include customers who buy shoes for sports, fashion or everyday use

    3. shoe brands must understand which market segment to serve

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