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aleksley
1 month ago
11

Fast Fine Foods markets some of its products to consumers looking for simple, quick meals. Fast Fine Foods also offers another l

ine of products targeted to people interested in low-fat, high-nutrition foods. The company's strategy of dividing the market into groups that want similar things from the products they buy is an example of ____.
Business
2 answers:
marusya05 [3.7K]1 month ago
4 0
Market segmentation.
Mariulka [3.8K]1 month ago
3 0
The example provided illustrates that Fast Fine Foods segments its market by targeting consumers seeking quick and simple meals and another group focused on low-fat, high-nutrition foods. This approach exemplifies market segmentation. To elaborate, market segmentation is the method of dividing a market into distinct groups based on diverse needs, characteristics, or behaviors that may necessitate different products or marketing strategies.
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