Benefits of market segmentation and targeting

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What are the benefits of market segmentation and targeting? Imagine that you work for a firm that is planning to enter the U.S. market for women's shoes. Assume that this market is segmented into four distinct segments, and you wish to select just one segment to target. What criteria would you use to select the target segment? What are the advantages and disadvantages of targeting just one segment versus multiple segments?

Reference no: EM132269350

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