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Segmentation Chart

Segmentation Chart - But what exactly is it? Market segmentation is the practice of dividing your target market into approachable groups. Market segmentation divides a broad target market into smaller, more defined groups of consumers who share similar characteristics, needs, or behaviours. Market segmentation creates subsets of a market based on demographics, needs, priorities,. And what different types or bases can a researcher use? Segmentation is the process of taking a broad market and breaking it into various groups. Market segmentation is a powerful strategy by which businesses design and market their products and services more effectively for the results they seek. What is market segmentation and why is it important in marketing? Segmentation is a strategy that allows you to identify and connect with your core audience. Market segmentation is a marketing concept which divides the complete market set up into smaller subsets comprising of consumers with a similar taste, demand and preference.

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