YouTube is a video-sharing website, created by Chad Hurley, Steve Chen, and Jawed Karim, in February 2005. Most of the content on YouTube has been uploaded by one-on-ones, although media corporations and other organizations offer some of their material via the site, as part of the YouTube partnership program. In November 2006, YouTube, LLC was bought by Google (Wikipedia).
On YouTube, the fortune to explore our passion is so easy. Thats why millions of populate visit YouTube to check out the latest music video, adopt interviews of their favorite actors, and learn new things. With 800 million people visiting, YouTube offers great reach of audiences than most other video sharing sites.
As a premier video site on the Internet, YouTube further like any other websites faces a similar enigma which is how to monetize their popularity. Thus YouTube need to segment and target their market.
A market segment is a classification of potential buck private or corporate customers by one or more characteristics, in order to identify groups of customers, which have similar ineluctably and demand similar products and/or services concerning the recognized qualities of these products (Wikipedia).
conjectural Foundation
Market segmentation is a technique utilise to enable a business to better target its products to the justly customers.
It is about identifying the specific needs and wants of customer groups and then apply those insights into providing products and services which meet customer needs.
Market segmentation allows a company to focus on the people that argon most likely to purchase their products or services. If this is done properly and cargon enoughy it helps to give the best outcome in return. There are definite differences and these depend on whether you are selling to individual consumers or to business customers.
There are several advantages of segmentation. They are:
Sets a Good Focus for the Company
Segmentation is an effective fashion to increase firms...If you want to get a full essay, order it on our website: Ordercustompaper.com
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