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B2B Market Segmentation for High Growth
somametrics.com
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Market segmentation, at its core, focuses a company’s sales and marketing efforts. Simply put, it is a statement of decision to pursue a singular important objective and forego other less fundamental pursuits. “Once a company identifies “XYZ” as its optimal market segment, that company commits to marketing and selling to that specific market, and only that market.” That being said, if a customer from a market other than XYZ comes to the company and indicates that they want to buy its products and services, the company will, of course, sell them what they desire.
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