Market Segmentation

Name 3 examples of how you might segment your market
any of the following-Benefits they require-amount of money they spend-quanity of goods they buyt-time and location they purchase-
1 of 6
name two ways you can segment your market to do with demographic.
any of the following - occupation-age-gender-income-
2 of 6
name two ways you can segment your market to do with lifestyle
any of the following-values-attitudes-hobbies-lifestyle patterns-traits
3 of 6
name two ways you can segment your market to do with geographic
any of the following-reigon-city-climate-country
4 of 6
Name 2 reasons why a buisness might choose to segment there marke
if they meet the needs of customers they will keep coming back - customer retention. They can provide different things for different people.
5 of 6
benefits of market segmentation?
customers needs are met and matched-customers will most likely come back if needs are met and matched-increase the buisnesses market share
6 of 6

Other cards in this set

Card 2

Front

name two ways you can segment your market to do with demographic.

Back

any of the following - occupation-age-gender-income-

Card 3

Front

name two ways you can segment your market to do with lifestyle

Back

Preview of the front of card 3

Card 4

Front

name two ways you can segment your market to do with geographic

Back

Preview of the front of card 4

Card 5

Front

Name 2 reasons why a buisness might choose to segment there marke

Back

Preview of the front of card 5
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