Which of the following statements about market segmentation is true?

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Answered: Thesis statement

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Answered: Segmenting market

Market segmentation can be defined as the process of dividing a markets place into different homogeneous groups of consumers. The various bases of segmenting market are: Psychographic variables Behavioral variables Geographic variables Demographic variables.

Answered: How to do market research?

The basics you should know about market research is: Primary Research: The goal of primary research is to gather data from analyzing current sales and the effectiveness of current practices. Secondary Research: The goal of secondary research is to analyze data that has already been published ...

Answered: Strategies for market segmentation

One of the best way to know your market, and to know your target customers is through marketing data reporting. It's one thing to have a marketing campaign and hope it works well for you. It's another to monitor every detail of your market so that you can tell what is working and what is not, and ...
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