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5 cards from this section. Quick, good the night before a test.
Define what a target market is.
Think of it in terms of which group of people would be most interested in a product.
List one factor that could be used for demographic segmentation.
Consider what statistical information applies to consumers.
What is a target market?
Think about which consumers would buy your product.
True or False: Psychographics involves demographic factors like age and income.
Remember what we define as psychographics.
Create a market segmentation strategy for a new line of children's clothing that targets environmentally conscious parents.
Think about what matters to eco-conscious parents.
Analyze how a sports apparel brand can use geographic segmentation to tailor its inventory in different regions.
Factor in local weather patterns.
6 more questions in this section. Enroll free to practise them all.
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