Market segmentationDividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors, and who might require separate products or marketing programs.Market segmentA group of consumers who respond in a similar way to a given set of marketing efforts.Market targetingThe process of evaluating each market segment’s attractiveness and selecting one or more segments to enterPositioningArranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers