Industry segmentation consists of having the overall heterogeneous marketplace for an item and dividing it into many sub-marketplaces or segments, Every of which tends to be homogeneous in all substantial elements.[twelve] The method is performed for 2 most important applications: improved allocation of a business's finite resources and to higher s
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Sector segmentation is made of having the full heterogeneous market for a product and dividing it into a number of sub-markets or segments, Every of which has a tendency to be homogeneous in all major areas.[12] The process is performed for two primary functions: much better allocation of the organization's finite means and to raised serve the more