What does the acronym STP mean?
A) Sales, Target, Product
B) Sell To People
C) Segmenting, Targeting, Positioning
D) Sell The Product

Question

What does the acronym STP mean? 
A) Sales, Target, Product 
B) Sell To People 
C) Segmenting, Targeting, Positioning 
D) Sell The Product

Quizplus · Accepted Answer

STP stands for Segmenting, Targeting, and Positioning, which are three key marketing strategies that help businesses identify their ideal customer base, tailor their products or services to meet their needs, and position themselves in a way that stands out from competitors. Options A, B, and D are not accurate representations of STP.

What Does the Acronym STP Mean