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    Market segmentation is an extension of market research that seeks to identify targeted groups of consumers to tailor products and branding in a way that is attractive to the group.
    www.investopedia.com/terms/m/marketsegmentati…
    It involves sectioning the total addressable market into discrete, smaller groups. This marketing technique is used to group or ‘segment’ buyers with common characteristics to tailor their needs. Each group shares common characteristics that enable the firm or business to create targeted experiences or products for them.
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