Question: Customer segmentation is about addressing specific customer needs, while customer value is about providing benefits to customers. Explain how marketing research can bridge a link

Customer segmentation is about addressing specific customer needs, while customer value is about providing benefits to customers. Explain how marketing research can bridge a link between customer segmentation and customer value creation. Using a local grocery store example recommend two marketing research methods that can help the grocery store segment their customers based on their value-based needs.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!