Understanding Market Segmentation Concepts

Quiz
•
Business
•
12th Grade
•
Medium
Patrick Kramp
Used 1+ times
FREE Resource
23 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following best defines demographic segmentation in marketing?
Dividing a market based on consumers' attitudes and lifestyles
Dividing a market based on age, gender, income, and education
Dividing a market based on product usage rates
Dividing a market based on geographic location
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does psychographic segmentation focus on?
Physical location of customers
Customers' behaviors and purchase history
Customers' lifestyles, values, and interests
Customers' age and gender
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an example of demographic segmentation?
Targeting customers who prefer eco-friendly products
Targeting customers aged 18-24
Targeting customers who live in urban areas
Targeting customers who shop online frequently
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a basis for demographic segmentation?
Age
Gender
Personality
Income
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an example of psychographic segmentation?
Targeting customers in New York City
Targeting customers who value adventure and travel
Targeting customers aged 30-40
Targeting customers with a household income above $100,000
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a key characteristic of psychographic segmentation?
It groups people by their spending habits
It groups people by their physical location
It groups people by their beliefs, attitudes, and lifestyles
It groups people by their age and gender
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A company wants to market a luxury car to high-income individuals. Which type of segmentation are they using?
Demographic segmentation
Geographic segmentation
Behavioral segmentation
Psychographic segmentation
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