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Undifferentiated Marketing |
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Description of Undifferentiated Marketing. Explanation. |
Definition Undifferentiated Marketing. Description.
Undifferentiated Marketing is a market coverage strategy whereby differences within a market are ignored. Everyone is assumed the same. The company attempts to appeal to the whole market with a single product (line) or service (line) and marketing strategy. A single Marketing Mix is offered to the total market. This approach typically relies on mass manufacturing, mass distribution and mass advertising.
Advantages: very cost effective, low marketing complexity, reaches anyone. Disadvantages: ignores segmentation, may lead to disappointing
sales, can be wasteful. Undifferentiated marketing is advisable when the competition is (still) scarce and when the product has mass appeal.
Also called Unsegmented Marketing or Mass Marketing.
Compare with: Concentrated Marketing | Differentiated Marketing | Analytical CRM | Niche Marketing | Market Segmentation | Mass Customization | Profit Pools | Marketing Mix | Extended Marketing Mix |
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End of description Undifferentiated Marketing. An explanation. |
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