Business Studies, asked by khadijahkubrah9, 2 months ago

2 Explain what is meant by targeting a
"higher-value, more brand-conscious segment"?
4 marks​

Answers

Answered by krishmanr14
1

Explanation:

Market segmentation, or audience segmentation, is the practice of dividing potential customers into meaningful subgroups based on their characteristics and preferences.

Marketing content can then be tailored to these segments, helping to create a more efficient and cost effective marketing strategy.

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