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PRIZM Categories Help Marketers to Understand Consumers Better

question 14

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PRIZM categories help marketers to understand consumers better. For example, residents of the "Lunch at Tim's" category are more likely to:


Definitions:

Production

The process of creating goods and services from various resources.

Materials A

A designation for a group of raw materials or components used in the manufacturing process of a product.

Pounds

A unit of weight commonly used in the United Kingdom and other countries that are part of the Imperial system; also refers to the British currency (GBP).

Sales Revenue

The total amount of money generated from selling goods or services before any expenses are deducted.

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