Examlex
Explain why titles such as Mr., Miss, Mrs., and Ms. can be problematic.
Segmenting
The process of dividing a broad consumer or business market into subgroups with similar characteristics, needs, or behaviors.
Targeting Markets
The process of identifying and focusing on specific groups of potential customers to whom a company aims to sell its products or services.
Key Steps
The critical phases or important actions needed to achieve a goal or complete a process effectively.
Segmentation Bases
Criteria or variables used to divide a market into distinct segments, based on characteristics like demographics, behavior, or needs.
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