Examlex
Which of the following factors were NOT used in Rand's seven-point prediction scale?
Education Segmentation
This process involves dividing the education market into distinct groups of learners with similar needs or characteristics for the purpose of providing tailored educational solutions.
Benefit Segmentation
A marketing strategy that groups consumers based on the specific benefits they seek from products, allowing for more targeted and effective marketing efforts.
Psychographic Segmentation
A marketing strategy that divides consumers into segments based on their lifestyle, personality traits, values, opinions, and interests.
Geographic Segmentation
The division of a market into different geographical units such as nations, states, regions, cities, or neighborhoods.
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