If you are asked to include a new customer segment, what would be your first priority?

Question

Accepted Answer

The first priority would be to conduct market research to understand the needs and preferences of the new customer segment.

Conduct market research to understand the new customer segment
Identify the unique needs and preferences of the new customer segment
Develop a targeted marketing strategy to reach the new customer segment
Train the sales team to effectively sell to the new customer segment
Establish relationships with key influencers in the new customer segment
Monitor and analyze sales data to measure the success of the new customer segment

Accepted Answer

WORK OUT COST TO SALES ANALYSIS AND START COVERING THE NEW SEGMENT

Accepted Answer

First visit the outlet and conveys the get product benefit, retail/wholsale margin, brand promotion activity,