Marketing: Market Segmentation

The goal is to offer a "Marketing Mix"
of goods and services that meet the needs
of a specific "
Market Segment."

A
Market Segment
is an identifiable group of customers
with similar needs and wants.

The key to cost-effective marketing
is to find out exactly who one's
best customers are, to learn what
will cost-effectively delight them
and to then offer that same
product or service to customers
like them.
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