Frequently Asked Marketing Question

What are the key steps to segmentation?


Answer:

The key steps to segmentation are: defining the target market, gathering data, analyzing the data, developing profiles of the segments, and selecting the segments to target. It is important to understand the needs and wants of each segment in order to create effective marketing strategies. Additionally, it is important to ensure that the segments are measurable, accessible, substantial, differentiable, and actionable.


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