Goal of market segmentation

[Johnson2468]

Market segmentation is the process of dividing a market into smaller groups of consumers with similar needs or characteristics. The goal of market segmentation is to identify high yield segments

 

[Niyi Briggs]

First thing you have to absolutely ensuee us security. Those babies have to be secured from people that might have bad intentions. Then, you also have to get good hands to handle the babies.

 

[Suba]

Besides what you have mentioned which is to identify high yield segments. also to increase the effectiveness of the marketing strategy for both goods and services, the existence of segmentation or specific consumer targets, marketing will be more focused.

 

[SHAHID987]

Market segmentation has its own importance but while doing this once must be very vigilant and keep his eyes on every little move and changes.

 

[Golden9]

This will be a good strategy, but it will definitely take a lot of time and more resources than the usual targeting. If you can get more from a specific class of customers, that's all good then.