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Why Do Marketers Segment the Market and Use a Target

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Why do marketers segment the market and use a target marketing strategy?


Definitions:

German Parliament

The legislative body in Germany, known as the Bundestag, responsible for passing laws and representing the German people.

Budget Control

Budget control is a financial management tool used to monitor and regulate the expenses and revenues of an organization or government to prevent overspending.

Nineteenth-century

The period from 1801 to 1900, marked by significant social, economic, and political changes, including the Industrial Revolution and the rise of nationalism.

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