Grouping consumers based on their needs,attitudes,and interests is:

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Market segmentation involves grouping consumers with similar needs, attitudes, and interests into distinct segments. This allows companies to tailor their marketing efforts and product offerings to each segment, ultimately resulting in more effective and efficient marketing. Market differentiation refers to how a company's product or service stands out from its competitors, while market targeting is the decision to focus marketing efforts on a specific group of consumers. Market designing and market permeation are not commonly used marketing terms.

Grouping Consumers Based on Their Needs,attitudes,and Interests Is