STP stands for segmentation,targeting,and positioning.

Name: STP stands for segmentation,targeting,and positioning.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

STP refers to the process of segmenting a market (dividing it into distinct groups of consumers with similar needs or characteristics), targeting specific segments (choosing which segments of the market to focus on), and positioning a product or service uniquely in the minds of consumers within those chosen segments.

STP Stands for Segmentation,targeting,and Positioning