Market segmentation first stresses the importance of grouping people or organizations, according to the similarity of their needs and the benefits they are looking for in making a purchase, as represented by which stage of the market segmentation process?

Market segmentation first stresses the importance of grouping people or organizations, according to the similarity of their needs and the benefits they are looking for in making a purchase, as represented by which stage of the market segmentation process?


-Link needs to actions.
-Identify market needs.
-Execute marketing program actions.
-Segment and select the target markets.
-Establish a marketing protocol.


Answer: Identify market needs.


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