market segmentation Flashcards

1
Q

the four different segments

A

Geographical, income, behavioural, demographic

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2
Q

income segmentation

A

Grouping consumers in regards the difference in their income

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3
Q

geographical segmentation

A

Grouping consumers in regards to where they live.
(ie. if they live in north they are likely to buy more winter clothing throughout the year)-a business will produce these types items

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4
Q

demographic segmentation

A

Grouping consumers needs based on where they live

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5
Q

behavioural segmentation

A

Grouping people based on their consumer habits

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