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Definition of market segmentation noun from the Oxford Advanced Learner's Dictionary

market segmentation

noun
 
/ˌmɑːkɪt seɡmenˈteɪʃn/
 
/ˌmɑːrkɪt seɡmenˈteɪʃn/
[uncountable, countable] (business)
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  1. the act of dividing existing and potential customers into groups according to their age, gender, class, income, etc.Topics Moneyc2
competitor
noun
 
 
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