Dear all, I'm confused by the definition of market segmentation vs. customer segmentation. Some people say customer segmentation is just one method of market segmentation, while some people say that customer segmentation could include every segmentation types (for instance, the customer segment of airline maintenance could be type of job, type of craft, urgent vs. preventive, etc.)
This links my second question of how to imply the segmentation concept in a market entry case. If I have a bucket called “market attractiveness” (underneath this bucket, the first layer includes market size & growth, competitor, customer, barrier of entry), is it okay to check “market segmentation” under market size, and also check “customer segmentation” under customer? Or it is actually okay just checking the market segmentation, stating that market could be segmented by multiple approaches such as by product / channel / customer, etc?