Market place segmentation includes getting the overall heterogeneous marketplace for a product and dividing it into many sub-markets or segments, Every single of which tends to be homogeneous in all important features.[12] The process is executed for two primary purposes: better allocation of the organization's finite assets and to better serve the

Product is The great or support that the business is featuring. Good quality goods ought to be able to satisfy shopper needs, even though also being able to satisfy customer need.The ultimate reward for these efforts is higher income, and many of the simplest brands are becoming synonymous with successful and achievements. As an example, many shopp