Explain one benefit to a jewellery retailer of segmenting the market it operates in.

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Explain one benefit to a jewellery retailer of segmenting the market it operates in.
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Solution 1

One benefit to a jewellery retailer of segmenting the market it operates in is the ability to better meet the needs and wants of its customers.

Step 1: Understanding Market Segmentation Market segmentation is the process of dividing a broad consumer or business market into sub-groups of consumers Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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