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- The three types of market segmentation are123:
- Geographic segmentation: divides the market on the basis of geography.
- Demographic segmentation: divides the market on the basis of demographic variables like age, gender, marital status, family size, income, religion, race, occupation, nationality, etc.
- Behavioral segmentation: divides the market on the basis of consumer behavior towards a product or service.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Types Of Market Segmentation
- Geographic Segmentation Geographic segmentation divides the market on the basis of geography. ...
www.feedough.com/market-segmentation-definitio…Types of Market Segmentation
- 1) Demographic Segmentation One common and straightforward method of market segmentation is demographic segmentation. ...
www.marketing91.com/4-types-market-segmentati…Five ways to segment markets include demographic, psychographic, behavioral, geographic, and firmographic segmentation.www.surveymonkey.com/market-research/resourc…So, what are the different types of market segmentation? Geographic, demographic, psychographic, and behavioral are the four general market segments.commence.com/blog/2020/03/16/market-segmenta…The four most common types of segmentation include demographic, behavioral, firmographic, and psychographic.www.similarweb.com/blog/research/market-researc… - People also ask
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Companies can generally use three criteria to identify different market segments: 1. Homogeneity, or common needs within a segment 2. Distinction,or being unique from other groups 3. Reaction,or a similar response to the market An athletic footwear company, for example, might have market … See more
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- Estimated Reading Time: 9 mins
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- Geographic Segmentation. This is a strategy that involves grouping people based on the …
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