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Marketing Segmentation Homework help

Marketing Segmentation Homework Help

Marketing segmentation could be defined as the marketing plan that a company uses to categories a huge target market into different subsets such as customers, businesses, or countries that have or are expected to have common interests, needs and priorities and then making and implementing the plans to target this market. Market segmentation strategies are usually used to point out and define target customers and give supporting information for marketing plan like as positioning to accomplish a set goal related to the marketing plan. Business organizations can make product differentiation plans or an undifferentiated approach, involving particular products or product lines depending on the specific requirements and the traits of the target segment.

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