AN ASSIGNMENT ON MARKETING OF INSURANCE SERVICES SUBMITTED BY ABDURASID OLANREWAJU, M. TO MRS. OWOLABI, A, O. MARKET divider IN INSURANCE The understanding of grocery segmentation requires the understanding of what a market is either deep down the manufacturing or serve industry. The line market has been estimated in various perspective, looking at various perspective it fly the coop to see the same thing Market. A educatee sees market as a place where goods or services (insurance) ar offered for sale, where transfer of will power occurs. Market has been positd or visualize from various perspective. It has been considered as a place where goods are offered for sale, where transfer of ownership occurs. It has as well as been visualize as a gathering of quite a little for aspiration of buying sparing goods and services (insurance). It put up also been define as the aggregate de mand for a product or service. market perspective view a market as people having the desire, the financial ability and the desire to fetch economic goods and services.
Thus, we can define market for any product as the rack up number of people and /or organization who give nascence the desire, the purchasing power and the instinctiveness to acquire the product at a price that is potentially profitable for the seller. Market accordingly warmheartedness people who; 1. Need the product 2. Have the m unrivaledy or entrÃ¢ËÅ¡ÃÂ©e to credit to buy the product and 3. Are willing to switch over money or debt obligation to acquire the product ! Insurance is a service, which is intangible in reputation but, yet it has its customers who consume this product. What therefore is insurance? Insurance is a mechanism or hearty devise for which compensation is remunerative in the event of mishap, or unfortunate event, compensation is been do out of accumulated voice of all parties that are conduct in the scheme. In essence, one must have...If you want to arise a full essay, coif it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper