1: Dividing market into groups 2: Based on needs and behavior 3: Types: demographic, geographic 4: Helps in targeting 5: Improves marketing efficiency
1: It divides large market into smaller segments
2: Segments can be based on age, income, location
3: Helps business focus on profitable segments
4: Enables better product positioning
5: Leads to effective marketing strategy
2: Segments can be based on age, income, location
3: Helps business focus on profitable segments
4: Enables better product positioning
5: Leads to effective marketing strategy
smriti
2026-07-10 14:46:441: It divides large market into smaller segments