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

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

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

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

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

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

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