Market segmentation is the process of dividing the total market for a product into identifiable groups or target markets.

Name: Market segmentation is the process of dividing the total market for a product into identifiable groups or target markets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Market segmentation involves dividing a broad target market into subsets of consumers who have common needs and priorities, and then designing and implementing strategies to target them.

Market Segmentation Is the Process of Dividing the Total Market