The process of concentrating product on one or two regions is called market segmentation.
What is market segmentation?
Market segmentation is the process of dividing a target market into smaller and manageable groups of people that share common characteristics.
The aim of market segmentation is to focus on a particular location rather than an entire place.
Examples of market segmentation are:
- Geographic
- Demographic,
- Psychographic
- Behavioral.
Learn more about market segmentation here : https://brainly.com/question/24881671
