See MARKET SEGMENTATION, DIFFERENTIATED MARKETING STRATEGY, CONCENTRATED MARKETING STRATEGY, FOCUS, COMPETITIVE STRATEGY. “Inauguration” vs. “Swearing In”: What’s The Difference? Antonyms for segment. Learn more. Copy the code below and paste it where you want the visualization of this word to be shown on your page: Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, Global Chemicals Market Forecast Report 2019-2022 Featuring China Petroleum & Chemical Corp, BASF, Bayer, Dow Chemical, LyondellBasell Industries, Fully Automated Coronal and Sagittal Chest Segmentation using Colour Features and Fuzzy C-Means Clustering in CT images, Video Object Segmentation with Weakly Temporal Information, Segmentation Enters the Sales Playbook: WHILE A COMMON TOOL FOR MARKETERS, SALES HAS STARTED USING SEGMENTATION AS WELL, AN EFFICIENT ALGORITHMIC SOLUTION FOR AUTOMATIC SEGMENTATION OF LUNGS FROM CT IMAGES, Google brings real-time video segmentation to YouTube app, A New Era in Network Segmentation? See MARKET SEGMENTATION, DIFFERENTIATED MARKETING STRATEGY, CONCENTRATED MARKETING STRATEGY, FOCUS, COMPETITIVE STRATEGY. Each segment has a discrete set of attributes. The geographical segmentation is based on the premise that people living in one area have different purchasing or buying habits than those living in other areas of … 10. Although this can work for some health clubs, for others this strategy could start to stagnate. Market segmentation and targeting help firms determine and acquire key customers. https://www.freethesaurus.com/segmentation. In addition to increasing engagement rates, your messages hit closer to home and are in line with what your people want. segmented synonyms, segmented pronunciation, ... On the basis of geography, 7 segment LED displays market can be segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan and Middle East & Africa. A market segment is a group of individuals, groups or organisations who may share the s ame. Bases of Market Segmentation. Synonyms for target market include public, audience, clientele, fans, following, concertgoers, followers, patrons, spectators and theatergoers. The key difference between market segmentation and target market is that the market segmentation refers to the identification of specific consumer groups for the product, whereas the target market refers to the potential customers for the particular product or service.. n a part of a market identifiable as having particular customers with specific … The process of market segmentation entails dividing customers into distinct groups. market segment synonyms, market segment pronunciation, market segment translation, English dictionary definition of market segment. market segment a part of a MARKET which has its own distinct customer profile and buyer characteristics such that, for MARKETING purposes, it can be targeted separately from other segments of the market. The firms can segment the market on the following bases: Geographical Segmentation: Here, the segmentation is done on the basis of the geographical location of the customers. Positioning involves ascertaining how a product or a company is perceived in the minds of consumers. It is a technique to identify and qualify a market and its opportunity. interests, tra its and characteristics. Age alone is not usually a good basis for market segmentation. market segment meaning: a group of possible customers who are similar in their needs, age, education, etc. Define market segment. Consumers can be put into segments based on location, lifestyle, and demographics. Mar′ket-bell (Shak. 2 synonyms for segmented: metameric, segmental. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. market segment meaning: a group of possible customers who are similar in their needs, age, education, etc. The firms can segment the market on the following bases: Geographical Segmentation: Here, the segmentation is done on the basis of the geographical location of the customers. With market segmentation, you company can determine which customer groups it is best suited to serve and which of your solutions will meet the requirements of its selected seg… mär′ket, n. a public place for the purposes of buying and selling: the time for the market: sale: rate of sale: value.—v.i. Detailed Synonyms for market segment in English. However, in many cases, the size of this market segment is large enough to be warranted as its own target market. 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