Define
segmentation?
Answers
Answer:
Definition: Segmentation means to divide the marketplace into parts, or segments, which are definable, accessible, actionable, and profitable and have a growth potential. In other words, a company would find it impossible to target the entire market, because of time, cost and effort restrictions. It needs to have a 'definable' segment - a mass of people who can be identified and targeted with reasonable effort, cost and time.
Explanation:
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Answer:
Segmentation means to divide the marketplace into parts,or segments, which are definable, accessible, actionable,and profitable and have a growth potential.
Explanation:
A company would find it impossible to target the entire market , because of time ,cost and effort restrictions