1
1

Market Segmentation can be resorted to by means of ____



Market Segmentation can be resorted to by means of ____
1). segmenting by age
2). segmenting by income
3). segmenting geographically
4). All of these

This Question has 3 answers.

Market segmentation is the process of dividing a broad target market into smaller, more defined groups based on shared characteristics. 

The main types of segmentation include:

  1. Segmenting by age → Demographic segmentation (e.g., kids, teenagers, adults, seniors).
  2. Segmenting by income → Demographic segmentation (e.g., low-income, middle-income, high-income consumers).
  3. Segmenting geographically → Geographic segmentation (e.g., urban vs. rural, regions, climate-based markets).
Since all the given options are valid ways to segment a market, the correct answer is "All of these."
ALL OF THESE

All of these

Add Answer / Comment

Captcha Image