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marketing segmenation
is the process of diving a larger, diverse group into smaller, more uniformed groups of people with similar needs and wants.
demopgraphic
dividing people based on their “state of being”. This means age, socioeconomic status, location, region, gender, and ethnicity
psychographic
dividing people based on attitudes, beliefs, values, intertest, and preferences.
product usage
dividing consumers based on how often consumers use a product ranging from non-users to heavy users.
product benefit
is dividing the market based on what problem the product solves and how the consumer will benefit.
frequency escalator
ranging from non-users to heavy users.
target market
niche market
s a small, highly focused segment that provides specialized programming to avid fans. These niche markets are often ignored by large organizations, which creates less competition for niche markets.
Types of users