Market segments are the relatively ________ groups of prospective buyers that result from the segmentation process.

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18-08-2022
Business

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Market segments are the relatively ________ groups of prospective buyers that result from the segmentation process.

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anamta123ahmed anamta123ahmed · Answer 1 · 2022-08-25T13:54:29+02:00

Market segments are the relatively homogenous groups of prospective buyers that result from the segmentation process.

In marketing, market segmentation is the system of dividing a huge purchaser or commercial enterprise market, usually which includes present and ability customers, into sub-groups of clients based on some sort of shared traits.

A market segment is a group of people who percentage one or more similar characteristics. Companies and marketing teams use various criteria to expand goal markets for their products and services.

Demographic, psychographic, behavioral, and geographic segmentation is taken into consideration in the four major varieties of market segmentation, but there also are many other strategies you could use, which include several versions of the 4 major kinds. Right here are several extra techniques you could want to investigate.

Learn more about the market segment here brainly.com/question/14225381

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