Market segmentation is an important strategy, which is suggested by

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Market segmentation is a crucial strategy in marketing that 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. This approach allows companies to focus on specific customer segments and tailor their products, services, and marketing efforts to meet the unique needs of each segment, leading to more effective and efficient marketing strategies.

Market Segmentation Is an Important Strategy, Which Is Suggested By