Examlex
When a consumer puts much effort into deciding how to satisfy a need, he engages in
Lifestyle Segmentation
The process of dividing the market into groups based on similarities in their lifestyles, interests, attitudes, values, and opinions to target marketing more effectively.
Psychographic Segmentation
A marketing strategy that divides a market into segments based on consumer personality traits, values, attitudes, interests, and lifestyles.
Behavioral Segmentation
The process of dividing a market into groups based on consumer behavior patterns, including product usage and decision-making processes.
Demographic Segmentation
This refers to the process of dividing a market into segments based on variables such as age, gender, income, occupation, education, or ethnicity to tailor marketing strategies.
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