Market segmentation involves dividing a market into distinct groups of customers with common needs, characteristics, or behaviors who might require separate products or marketing mixes. It allows companies to target their products and services more precisely at customers who will most likely purchase them. Effective market segmentation provides benefits like increased sales and profits by precisely targeting customer groups.
Market segmentation involves dividing a market into distinct groups of customers with common needs, characteristics, or behaviors who might require separate products or marketing mixes. It allows companies to target their products and services more precisely at customers who will most likely purchase them. Effective market segmentation provides benefits like increased sales and profits by precisely targeting customer groups.
Market segmentation involves dividing a market into distinct groups of customers with common needs, characteristics, or behaviors who might require separate products or marketing mixes. It allows companies to target their products and services more precisely at customers who will most likely purchase them. Effective market segmentation provides benefits like increased sales and profits by precisely targeting customer groups.