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Sector segmentation is made up of taking the total heterogeneous marketplace for a product and dividing it into various sub-marketplaces or segments, Each individual of which has a tendency to be homogeneous in all important facets.[twelve] The procedure is carried out for 2 primary reasons: improved allocation of a business's finite resources and
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Market place segmentation consists of having the full heterogeneous marketplace for a product and dividing it into a number of sub-marketplaces or segments, Each individual of which has a tendency to be homogeneous in all important factors.[12] The procedure is executed for two most important applications: better allocation of the organization's fi