Answers.com > Wiki Answers > Categories > Business & Finance > Market Segmentation what it is and how it is done?

Market Segmentation what it is and how it is done?

In: Business & Finance [Edit categories]

Answer:

Answer

Market Segmentation is when a company split customers in a similar characteristics and needs. Companies also aim at a special age, gender, demographics or lifestyle. Such as nike is aimed at women, men and children's and also for sports player.

First answer by ID1009860847. Last edit by Senthuran. Contributor trust: 0 [recommend contributor ]. Question popularity: 12 [recommend question].

[report abuse]

Can you answer these Business & Finance questions?

	Why do governmental laws seek to restrict monopolies and cartels benefit consumers and businesses?	Answer it!
	What is a Dss worker?	Answer it!
	What unis are there in CSW?	Answer it!
	What is prepackaging?	Answer it!
	What is alpha numeric for Lily's Nails?	Answer it!

Relevant answers:

Can target market selection be done before market segmentation?
Type your answer here... No
What is market segmentation?
Market segmentation is the dividing of markets into more defined niches. Research is usually conducted to segment these groups by demography and geography. Depending on the product there can be more...
Market segmentation an example of market analysis?
Hello, I would like to know about segmentation attached with prilimenary examples to be more comprhensive and easy to know. Thanks shams
What do you understand about market market segment market segmentation market targeting market?
to divide the big market in to small company is known as segmentation. positioning is that which we do the mind of customer or to make the unique thing which attract the customer. to make the new...
What does geographic market segmentation involve?
Geographic segmentation entails dividing the market on the basis of where people live. Divisions may be in terms of neighborhoods, cities, counties, states, regions, or even countries