Business Studies, asked by angel5724, 1 year ago

What is a group of customers with similar likes and similar needs

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Answered by dreamrob
0

Answer:

Market is the process of identifying groups of customers with basically similar wants, needs, preferences or buying behaviours.

A group of potential customers with similar needs who are willing to exchange something of value with sellers offering various goods or services. Segmenting your customers into groups according to their needs has a number of advantages.if u divide them into groups sharing similar needs and treat each group differently.

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