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The segmentation, targeting and positioning (also known as STP) process is a fundamental marketing principle. Once an organisation has segmented its market into well-defined segments

The segmentation, targeting and positioning (also known as STP) process is a fundamental marketing principle. Once an organisation has segmented its market into well-defined segments of customers with similar needs, the next step is to target specific segment(s). There are three main strategies for targeting priority segments.

Discuss the three (3) strategies for targeting priority segments and practically apply this to the online e-commerce industry in South Africa. (15)

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