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2 cards from this section. Quick, good the night before a test.
What is market segmentation?
Think about how businesses target specific groups.
Name one type of demographic segmentation.
Consider the characteristics that define a population.
What is the first step in market segmentation?
Consider what you need to know before starting a campaign.
Behavioral segmentation focuses on consumer:
Does this refer to consumer actions or demographics?
A fashion retailer is planning to expand into a new country. How should they approach market segmentation in this new market?
Consider different cultures and climates.
Analyze how an online retailer can apply behavioral segmentation to improve customer relationships.
Think about how your online shopping experiences feel personalized.
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