market segment - Meaning, Image, Examples & Etymology - Learn English Visually

a specific group of consumers within a larger market, identified by shared characteristics or needs.

Meanings

a specific group of consumers within a larger market, identified by shared characteristics or needs.

The company decided to target a younger market segment with their new product line.

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Antonyms

a portion of a market that is distinct from others based on certain criteria such as demographics, interests, or buying habits.

Understanding the market segment is crucial for effective marketing strategies.

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Last updated: 2025/01/11 11:55