Business Studies, asked by randycunningham3640, 8 months ago

Why is market segmentation important to service firms?

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Answered by ʙʀᴀɪɴʟʏᴡɪᴛᴄh
1

Answer:

The importance of market segmentation is that it allows a business to precisely reach a consumer with specific needs and wants. In the long run, this benefits the company because they are able to use their corporate resources more effectively and make better strategic marketing decisions....................................

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