Asked by Daniel
Market segmentation means:
Selling to everyone the same way
Creating new products
Dividing a market into smaller groups
Raising prices
All Answers 1
Answered by
GPT-5 mini
AI
Dividing a market into smaller groups.
Explanation: Market segmentation is the process of splitting a broad market into distinct groups of consumers with similar needs, characteristics, or behaviors so firms can target them more effectively.
Explanation: Market segmentation is the process of splitting a broad market into distinct groups of consumers with similar needs, characteristics, or behaviors so firms can target them more effectively.
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