Effective market segmentation allows businesses to better understand the needs and wants of their target customers and develop more effective marketing campaigns. By targeting specific market segments, companies can create more tailored and personalized products and experiences, ultimately resulting in increased customer loyalty and revenue.
How effective market segmentation help business
- Thread starter Johnson2468
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Market segmentation allows companies to learn more about their customers. They gain a better understanding of customer's needs in each segment and therefore can tailor campaigns to customer segments most likely to purchase products.
Market segmentation will bring about clarity in business because you'll be able to identify each items.
