Effect Of Market Segmentation On Sales Turnover Of Made In Nigeria Goods Inaba, Abia State

Authors: OGBONNA, CHUKWUMA F. | Social & Management Sciences Marketing Projects 56 pages 9,387 words

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ABSTRACT

Market segmentation is the marketing strategy of dividing a total heterogeneous market into relatively homogeneous market (Kotler, 2000). The essence of market segmentation is the· belief that no single individual is exactly like the other. No single group of-people can be a replica of the other .either by cultural, social, political, geographical and spatio-temporal parameters". This is why different people have different needs and demand which are different from each other; These differences become the basis for differentiating and segmenting consumers with distinct buying behaviour and consumption pattern. 

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