In our class discussion of the Strategic Marketing Process, we talked about the need to IDENTIFY groups of buyers who (a) have common needs and (b) will respond differently to a marketing effort. What did we call this?

In our class discussion of the Strategic Marketing Process, we talked about the need to IDENTIFY groups of buyers who (a) have common needs and (b) will respond differently to a marketing effort. What did we call this?



a.

Market Segmentation

b.

Target Marketing

c.

Positioning

d.

Placing

e.

Market Analysis



Answer: Market Segmentation


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