In general, the heterogeneity of the traveler market and the task of meeting the needs and wants of diverse tourists is the key driver behind the idea of <u>market segmentation</u>.
<h3>What is a market segmentation?</h3>
It refers to the marketing strategy in which select groups of consumers are identified so that certain products can be presented to them in a way that appeals to their interests.
In marketing, the market segmentation is an important process because it strives to make a company's marketing endeavors more strategic and refined. Hence, in developing specific plans for specific products with target audiences in mind, the company can increase its chances of generating sales and being more efficient with resources.
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Different activities were introduced to them at an early stage in life causing them to like different hobbies.
People with binge-eating disorder feels comfort when overeating because it helps them ease unpleasant emotions like stress and anxiety. However, because of this comfort they tend to eat more which lead them to weight gain. This will just make them feel worse and regretful. Feeling bad of their appearance will just lead them again to overeat to help them cope and feel good again. It's like a cycle- overeat to feel better, back to feeling worse, then overeat again to ease negative feelings.
It is the market economy that is most likely to develop new and better products. Market economies support competition, which increases innovation and efficiency in the market.
