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A market segment that has enough profit potential to justify developing and maintaining a special marketing mix is said to be _______.

Respuesta :

Market segmentation is considered successful when a market segment has sufficient profit potential to warrant creating and sustaining a unique marketing mix.

How can you categorize the market effectively?

Measurable, accessible, substantial, differentiable, and actionable segmentation is required for success. A corporation has a greater shot of results of this case and enhanced profitability when it has effectively segmented its market.

How to Effectively Segment,

  • Your Segments Need To Be Clearly Distinct.
  • Your target segments must be large enough to be worthwhile.
  • Keep in mind the segmentation goals.
  • Segmentation Is Not Just a Marketing Department Thing.
  • Utilize Data to Track Your Success

Businesses can increase the effectiveness and efficiency of their marketing campaigns by using market segmentation. A corporation is out of touch with the market if it believes that its products are "for everyone"

To learn more about Market segmentation, visit:

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