Market segmentation contains getting the total heterogeneous market for a product and dividing it into many sub-markets or segments, Each individual of which has a tendency to be homogeneous in all substantial factors.[12] The method is executed for 2 key applications: much better allocation of a company's finite sources and to better provide the g
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This stage includes developing a specific motion prepare, allocating resources, and monitoring efficiency to make sure that your system achieves its intended ambitions. Strategic marketing is more than a set of tactics—it’s the inspiration that drives significant growth and resilience. Below’s why embracing a strategic strategy is important