1. To deal with consumer heterogeneity in the marketplace, marketers engage in segmentation efforts (based on statistical procedures such as cluster analysis). List the main reason why scaling the data as a step in the segmentation effort is a good idea.
1. To deal with consumer heterogeneity in the marketplace, marketers engage in segmentation efforts (based on statistical procedures such as cluster analysis). List the main reason why scaling the data as a step in the segmentation effort is a good idea.
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 1SC
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1. To deal with consumer heterogeneity in the marketplace, marketers engage in segmentation efforts (based on statistical procedures such as cluster analysis). List the main reason why scaling the data as a step in the segmentation effort is a good idea.
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