Identify Two Methods Used in Segmenting Markets and Give an Example

question 87

Essay

Identify two methods used in segmenting markets and give an example of a situation where each might be used.

---

Definitions:

Autoworkers

Individuals who are employed in the automotive industry, typically involved in the manufacture, assembly, or maintenance of vehicles.

Income Distribution

The way in which total income is divided among the owners of the various factors of production.

Pastry Chefs

Specialists in the preparation and decoration of pastries, desserts, and various baked goods.

Healthy Living

A lifestyle that includes balanced nutrition, regular physical activity, and avoidance of unhealthy behaviors such as smoking.