Organizations use five key criteria to segment markets, whose groupings appear in the rows of the market-product

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Organizations use five key criteria to segment markets, whose groupings appear in the rows of the market-product grid.

Groups of related products appear in the columns. After estimating the size of the market in each cell in the grid, they select the target market segments on which to focus. They then identify marketing mix actions—often in a marketing program—to reach the target market most efficiently.

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