Mass market
For the form of book binding, see Paperback § Mass-market_paperback.
The mass market is the largest group of end consumers for a specified product. It is the opposite of the term niche market.[1]
General
The mass market is the group of end consumers of common household products who occupy the overwhelming mass under a bell curve, i.e., they could be tagged as being "average". This group encompasses such a wide variety of people, their need for, uses for, and price point for market offerings may vary greatly. The myriad of customers' needs makes it difficult to target each and every customer in the mass market, via mass marketing. Therefore, marketers often subdivide the market into smaller groups, or niches, comprising customers with similar wants, and then target them via niche marketing.
References
- ↑ "Mass market retailer". Investopedia. Retrieved November 13, 2014.
External links
See also
- big-box store
- mass behavior
- mass customization
- mass consumption (aka "consumerism")
- mass media
- mass merchandiser
- mass movement
- mass production
- the masses
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