Answer:
Market segments are the relatively homogenous groups of prospective buyers that result from the market segmentation process.
Step-by-step explanation:
Market segments are the relatively homogenous groups of prospective buyers that result from the market segmentation process.
A market segment is a category of customers who have similar likes and dislikes in an otherwise homogeneous market. These customers can be individuals, families, businesses, organizations, or a blend of multiple types.
Market segments are known to respond somewhat predictably to a marketing strategy, plan, or promotion.