Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs, and then designing and implementing strategies to target their needs and desires using media channels and other touch-points that best allow to reach them. Market segments allow companies to create product differentiation strategies to target them.
The numerical value of Market segmentation in Chaldean Numerology is: 2
The numerical value of Market segmentation in Pythagorean Numerology is: 3
Sample Sentences & Example Usage
There is no rule for market segmentation or market targeting. Do so in a way that makes sense for your environment. Do so in a manner that gives you the best information for your decision making needs.
Beyond the continued growth in importance of the Chinese economy, the size of financial market spillovers is also likely to grow because of the transition to a more market-based financial system and a decline in market segmentation, moreover, the challenge of engineering a smooth transition will make global financial markets more sensitive to changes in China's economic and financial conditions and policies.
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"Market segmentation." Definitions.net. STANDS4 LLC, 2018. Web. 23 Feb. 2018. <https://www.definitions.net/definition/Market segmentation>.