If a Marketer Decides to Segment a Market Based on Neighbourhoods

question 21

Multiple Choice

If a marketer decides to segment a market based on neighbourhoods, the marketer will have chosen the________ method of segmentation.

• A) geographic
• B) behavioural
• C) cultural
• D) psychographic
• E) demographic

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Definitions:

Monetary Savings

The act of preserving money by reducing expenses or storing money for future use, often regarded as a key aspect of financial planning.

Sale Price

The final amount at which a product or property is sold after any discounts or negotiations.

Everyday Low Price

A pricing strategy where products are consistently offered at low prices without special promotions or discounts.

Degree Of Loneliness

A measure used to quantify the subjective feeling of loneliness experienced by an individual.