why market segmentation is very important befor launching the products

why market segmentation is very important befor launching
the products

Question Posted / parwezkhan

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why market segmentation is very important befor launching the products..

Answer / partha misra

Market Segmentation basically dividing the Market by
various categories like Age group,sex,Earning,profession
etc.It helps the company in knowing the requirements of the
customer better and inturn provide them with the product as
per their needs.It helps in getting customer satisfaction
and brand loyalty for the product.Hence market segmentation
also helps in concentrating to a target market to give the
best to the customer.Its a win-win situation for both the
customers and the provider.

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why market segmentation is very important befor launching the products..

Answer / shekhar

market segnentation means dividing in the market. such as
group, prople, nature, sex.if any product introduced to the
market segementation play key role in to the market.

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why market segmentation is very important befor launching the products..

Answer / imran

Mkt Segmentation is the first step towards selecting your
Audience so that your offering matches the right
Group(Target Market) for which it was created!!!!!

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