Market segmentation is a strategy that involves dividing a larger market into subsets of consumers who have common needs and applications for the goods and services offered in the market.Walmarts segmentation consits of the different departments located within the store apparel and clothing,electronics,music,office and grocery.They have a total of 31 departments to meet almost every need of the consumer.
For example if specific customers want to buy food they no longer have to go to the supermarket they can get healthier food from their local walmart.Target market involves breaking a market into segments and then concentrating your marketing efforts on one or a few key segments.Walmart not only concentrates on one or a few segments they basically trying to use all of the segments that are availible in today's market.
Examples of a Target Market
Electronics Cost Less at Walmart
From compact digital cameras to high-powered desktop computers, we've got all the brand-name electronics you're looking for at Walmart.com. Our extensive electronics assortment includes DVD and Blu-ray players, GPS units, HDTVs, netbooks and laptop computers. Plus, you can save a bundle with our electronics value bundles — take your choice of a camera, iPod or computer bundled with a variety of those essential electronics accessories. Best of all, you can purchase extended service plans for extra peace of mind. Stock up on your favorite electronics brands, including Apple, HP, Samsung, Sony and Vizio — and save.
From compact digital cameras to high-powered desktop computers, we've got all the brand-name electronics you're looking for at Walmart.com. Our extensive electronics assortment includes DVD and Blu-ray players, GPS units, HDTVs, netbooks and laptop computers. Plus, you can save a bundle with our electronics value bundles — take your choice of a camera, iPod or computer bundled with a variety of those essential electronics accessories. Best of all, you can purchase extended service plans for extra peace of mind. Stock up on your favorite electronics brands, including Apple, HP, Samsung, Sony and Vizio — and save.