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Industry segmentation is made of having the total heterogeneous market for an item and dividing it into numerous sub-marketplaces or segments, Each and every of which has a tendency to be homogeneous in all substantial features.[twelve] The process is carried out for 2 primary uses: superior allocation of the company's finite methods and to raised
Sector segmentation is made up of taking the overall heterogeneous market for a product and dividing it into a number of sub-marketplaces or segments, Every of which has a tendency to be homogeneous in all major factors.[12] The procedure is carried out for 2 principal functions: improved allocation of a agency's finite resources and to raised serv