Which of the Following Is Not an Example Pertaining to Behavioral

question 23

Multiple Choice

Which of the following is not an example pertaining to behavioral market segmentation?

• A)types of products and services consumers have purchased
• B)method of payment
• C)time the transaction took place
• D)consumer's occupation

---

Definitions:

Market Segmentation

The process of dividing a broader market into smaller, homogenous groups based on shared characteristics.

Luxury Products

High-end goods that are often characterized by their quality, price, and status symbols, and are not considered essential items.

Market Segmentation

The process of dividing a broader market into smaller, more homogeneous groups of consumers with similar needs, characteristics, or behaviors.

Precisely Define

To specify something in a clear and exact manner, leaving no room for ambiguity or misunderstanding.