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Explain the Steps Followed in Segmenting a Market

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Explain the steps followed in segmenting a market


Definitions:

Announcements

Public or formal statements made to inform people about news, events, or instructions.

Press Releases

Official statements issued to the media to announce a wide range of news items, including events, achievements, or product launches.

Group Composition

The makeup or structure of a group, including the attributes and characteristics of its members.

Homogeneity

The quality or state of being all the same or similar in nature, composition, or structure.

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