Examlex
State how much larger or smaller the first unit is than the second.
-nanometer, meter
Market Segmentation
Market segmentation is the process of dividing a broader market into smaller, homogeneous groups of consumers with similar wants, needs, or demographic profiles, to tailor marketing strategies more effectively.
Differentiated Marketing
A marketing strategy where a company targets multiple market segments, tailoring specific messages for each.
Segment Specialization
A marketing strategy where a company focuses on a specific segment of the market, tailoring its products and marketing efforts to meet the needs of that segment.
Strategy Formulation
The process of developing a plan of action to achieve long-term goals and objectives, often within a competitive context.
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