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Consumer Market Segmentation

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is consumer market segmentation?

a)

the process of dividing consumers into groups based on common characteristics so companies can market to each group effectively and appropriately

b)

the process of dividing customers into groups based on common characteristics so companies can market to each group effectively and appropriately

c)

the process of dividing consumers into groups based on common characteristics so companies can market to each group inneffectively and appropriately

d)

the process of dividing consumers into groups based on common characteristics so companies can market to each group effectively and inappropriately

2.

Consumer Market Segmentation is vital because?

a)

allows businesses to make better use of their marketing strategies to various audience subsets

b)

helps a consumers in their consumer-company communication and product development

c)

allows you to make better use of marketing strategies to various audience subsets

d)

helps Caitlin in her consumer-company communication and product development

3.

What are the 4 variables of market segmentation?

a)

Accountanbility, Fairness, Transparency, Women Eompowernent

b)

Continuous, Discrete, Categorical and Extraneous variables

c)

Demographic, Psychographic, Behavioral, Geographic

d)

ako, ikaw, tayo, at sya <3

4.

What are the ways on how to do systematic segmentation?

a)

1. Wide survey the conduct , 2. Data the process, 3. Filing

b)

1. Social media monitoring, 2. In-Store Traffic Monitoring, 3. Online Tracking

c)

1. Questionnaires, 2. Focus Groups, 3. Observations

d)

1. Conduct a wide survey, 2. Process the data, 3. Profiling

5.

When choosing a market to target, a company's ( ? ) and ( ? ) objectives should always be taken into account.

a)

Assets & Liabilities

b)

Size & Growth

c)

Company name & Logo

d)

Revenune & Expenses

6.

When preparing for long-term expansion, evaluate the segment's ( ? ) for scope economies right away.

a)

Consumer

b)

Love

c)

Standpoint

d)

Potential

7.

This refers to the quantifiable and factual statistics of the population.

a)

Demographic

b)

Psychographic

c)

Geographic

d)

Behavioral

8.

This refers to customers' personalities and interests or how they feel about themselves.

a)

Demographic

b)

Psychographic

c)

Geographic

d)

Behavioral

9.

This refers to the physical location of the market, including the general characteristics of the location.

a)

Demographic

b)

Psychographic

c)

Behavioral

d)

Geographic

10.

This refers to how we behave when buying a product, whether these actions may be conscious or unconscious in nature.

a)

Demographic

b)

Psychographic

c)

Behavioral

d)

Geographic