Segmentation means to divide the marketplace into parts, or segments, which are definable, accessible, actionable, and profitable and have a growth potential. In other words, a company would find it impossible to target the entire market, because of time, cost and effort restriction. it needs to have a 'definable' segment -a mass people who can be identified and targeted with reasonable effort, cost and time.
Once such a mass is identified, it has to be checked that this mass can actually be targeted with the resources at hand or the segment should be accessible to the company.
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