For any brand, old or new, determining who your target audience is takes vision and a lot of structured planning. It's not always easy to focus your business efforts, break into new markets, or really know the overall potential of your desired audience. You can't see into the future. But what can you do? You can implement clever market segmentation into your marketing strategy.
Why? Because segmentation is the key to accurately understanding and determining your target audience; identifying and examining their separate and similar needs and wants. Market segmentation acts as your gateway to creating bespoke, specific segments and, ultimately, ascending your brand to success.
So before you roll your eyes and think "who needs segmentation, anyway?" have a look at why market segmentation matters...
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