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Market boundaries: target marketing " segmentation is at the heart of marketing strategy". Explain the importance of...

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General Management

Market boundaries: target marketing " segmentation is at theheart of marketing strategy".

Explain the importance of market segmentation

Choose two markets (one from a consumer and one from anorganizational market) and show how these may be segmented.

The structure or format of the paper should include thefollowing:

  • Introduction
  • Body/Content by sub-topics
  • Conclusion
  • References

Answer & Explanation Solved by verified expert
4.0 Ratings (834 Votes)
STP division focusing on and situating is a notable item showcasing procedures and embraced by practically all the advertisers who wish to effectively dispatch and build up their item among the potential or planned clients With the assistance of the division associations make little homogenous and moderate gatherings of clients and afterward they target them with the correct item or streamline their item Before we focus on the client and start the situating of the item highlight characteristics and advantage in the brain of buyers it is the procedure of division which outweighs everything else as division is the most significant action for any advertising group All the organizations run with certain budgetary and asset requirements and    See Answer
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