Question: Question 4 Why is effective segmentation, targeting, and positioning ( STP ) essential in developing a focused marketing strategy? It reduces the need for market

Question 4
Why is effective segmentation, targeting, and positioning (STP) essential in developing a focused marketing strategy?
It reduces the need for market research by focusing only on internal capabilities.
It eliminates the need for adjusting the marketing mix.
It broadens the company's appeal by addressing every potential market segment equally.
It allows the company to concentrate its resources on the most profitable market segments and position its offerings distinctly.
Question 4
Why is effective segmentation, targeting, and positioning (STP) essential in developing a focused marketing strategy?
It reduces the need for market research by focusing only on internal capabilities.
It eliminates the need for adjusting the marketing mix.
It broadens the company's appeal by addressing every potential market segment equally.
It allows the company to concentrate its resources on the most profitable market segments and position its offerings distinctly.
Question 4 Why is effective segmentation, targeting, and positioning (STP) essential

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