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M 2.04 Segmentation

AB
demographicsstudy of consumers based on personal characteristics
psychographicsstudy of consumers based on social and psycholoogical characteristics
geographicsstudy of consumers based on where people live
product benefitsstudy of consumers based on needs/wants
customerbuy the product
consumeruses the product
markethaving the ability and willingness to buy a product
target marketingfocusing marketing decisions on a very specific group of people
marketing mixproduct, price, place, promotion

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