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Wepik Unveiling The Foundation of Segmentation Understanding The Basis For Effective Targeting 2023091013163701q7
Wepik Unveiling The Foundation of Segmentation Understanding The Basis For Effective Targeting 2023091013163701q7
Wepik Unveiling The Foundation of Segmentation Understanding The Basis For Effective Targeting 2023091013163701q7
Foundation of
Segmentation:
Understanding the
Basis for Effective
Targeting
Introduction
Segmentation is a crucial aspect of
marketing that enables businesses to
effectively target their audiences.
Understanding the basis for effective
targeting is essential for success.
What is Segmentation?
Segmentation is the process of
dividing a larger market into
smaller groups of consumers with
similar needs or characteristics. It is
a fundamental marketing strategy
that allows businesses to tailor their
offerings to specific groups.
Why is Segmentation Important?
Demographic segmentation
divides consumers based on
characteristics such as age, gender,
income, and education. This type of
segmentation is useful for products
and services that appeal to specific
age groups or genders.
Geographic Segmentation
Geographic segmentation divides
consumers based on their location. This
type of segmentation is useful for
products and services that are tailored
to specific regions or climates.
Psychographic Segmentation