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Explain market segmentation

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Reference no: EM132890197

-Give an example of successful market segmentation involving a business of your choice and a brand product of your choice.

-Explain market segmentation and give an example of a segmented product. How does product segmentation affect the life cycle of a product?

Discuss the distinctions between regional, demographic, behavioral, and psychographic segmentation using the same principles as market segmentation. Include a rationale for why segmenting markets is a sound strategic decision.

Reference no: EM132890197

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