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STP can be a sequential method, in which a agency very first splits your complete industry into a variety of teams based upon sure requirements, then proceeds to choose a number of of these groups based upon the profitability along with other conditions And at last produces an appropriate space with the item or service during the minds of the consumers. Presented down below are the definitions of STP according to the Market place Segmentation Review Guide.
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The types of Personal Information and facts very likely to be transferred and international locations include things like (wherever applicable):
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