Market segmentation is a pillar of any business' success or failure.

Name: Market segmentation is a pillar of any business' success or failure.
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

Market segmentation helps businesses identify and target specific consumer groups, resulting in more effective marketing, product development, and overall business strategies. Failing to segment the market can lead to ineffective and inefficient strategies that do not resonate with consumers or achieve business goals.

Market Segmentation Is a Pillar of Any Business' Success or Failure