How do I define market segments for my business?
Defining market segments involves identifying distinct groups within your target market based on shared characteristics.
What criteria should I use to segment my market?
You can segment your market using criteria like demographics, psychographics, geographic location, and behavioral factors.
Can you give me an example of a market segment?
Sure! An example of a market segment could be young professionals aged 25-35 who are interested in eco-friendly products.
How can I analyze these segments effectively?
You can analyze segments by conducting surveys, using analytics tools, and studying market trends to understand their needs.
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