Scientific and practical journal
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Regional Economy
   



Novakivskyy Ihor Ivanovych



Novakivskyy Ihor Ivanovych

Doctor of Economics, Associate Professor

Associate Professor of the Department of management of organizations of the Institute of Economics and Management of the Lviv Polytechnic National University

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Coauthors



Demkiv Yaryna Vasylivna



Publications



Repository of Institute of Regional Research Demkiv, Ya. V., & Novakivskyi, I. I. (2010). Optymizatsiya protsesu vyboru tsil'ovoho rynku [Optimization of Process of Target Market Selection]. Rehional'na ekonomika - Regional Economy, 56(2), 199-207. [in Ukrainian]. 

The approach to defining the target markets as well as to optimizing the distribution of enterprise’s efforts and resources between those markets is developed. This approach can be also used for optimization of enterprise’s products assortment, clients’ base, purchases structure, etc both while entering the new markets and while evaluating the activity efficiency on the existent markets. The proposed approach enables a detailed market segmentation to narrow the selection of consumer groups in order to maximize the full incorporation of the needs. The proposed method can also optimize the target costing at marketing. 
target market, cluster analysis, dendrogram, optimization, efficiency 


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