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Industry segmentation includes having the full heterogeneous marketplace for a product and dividing it into a number of sub-marketplaces or segments, Each individual of which has a tendency to be homogeneous in all considerable facets.[twelve] The method is carried out for 2 key uses: superior allocation of a business's finite assets and to better
Marketing exploration is a scientific means of examining details that consists of conducting research to support marketing actions as well as the statistical interpretation of information into data. This facts is then utilized by managers to plan marketing activities, gauge the character of a firm's marketing environment also to attain information