Explain the following 5 demographic segmentation: a). age segmentation b). gender segmentation c). income segmentation d). ethnic background segmentation e). family life cycle segmentation

Q: Which segmentation base is used by this company?

A: The segmentation is done to divide the customers with similar characteristics in a group this makes…

Q: Outline the psychographic approach to segmentingconsumer markets.

A: Market segmentation is the process to group people together such that people in it have common…

Q: Imagine you have a research. Explain the process on how you select your respondents from your…

A: *Although for most of the researches the respondents are chosen randomly but for business researches…

Q: móduel: marketing which particular segment would you recommend for Allbirds' ecofriendly sneakers in…

A: Allbirds -Allbirds is a New Zealand-American company specialized in designing and selling footwear…

Q: What are good elements to use when determining segments? Why is it important to understand consumer…

A: INTRODUCTION -  Segmenting a market involves dividing a target market into smaller groups of…

Q: What is glocalization? What factors affect the needto adapt to local considerations?

A: Glocalization is fundamentally a mix of two words limitation and globalization. It is utilized for…

Q: Explain the following demographic variables that are used in segmentation: Gender, income,…

A: The process of dividing the potential buyers of a product into different categories on the basis of…

Q: l group/s

A: A person is considered as a social animal who are actively involved in social interactions.

Q: List and explain the major demographic characteristicsfrequently used in segmenting consumer markets

A: Consumer market segmentation is the way to divide the market into various parts so that an…

Q: Why is the concept of acculturation important to marketerswho want to target such groups as…

A: The concept of acculturation is an important concept to marketers as it helps in understanding the…

Q: . Describe the VALS system and each segmentin it.

A: VALS system - Values and Lifestyles system. It is used to understand the customers based on their…

Q: Do a market segmentation based on demographics, psychographics, and geographic on Norwegian Cruise…

A: Market segmentation is the process to group people together such that people in it have common…

Q: Explain the term Income segmentation?

A: Market segmentation is an approach that leads to a unified population that is similar in some…

Q: Explain loyalty status segmentation with examples

A: Loyalty indicates the sentiments of a person. It expressed both thoughts and actions of a person and…

Q: Which of these companies does not use a niche' targeting strategy? O a. Al Sharaf Golf Equipment…

A: Option D  Volvo is not using a niche targeting strategy as they make cars for multiple market…

Q: The case highlights how Baby Boomer womenare largely invisible and forgotten by marketers,especially…

A: Depending upon the date of birth we have divided the entire market into various segments. There are…

Q: In terms of Cotton Incorporated’s five greenconsumer segments for apparel, their…

A: Green Marketing can be described as the activity of marketing products that are environment…

Q: description of your family as a market segment using geographic, psychographic, and demographic…

A: Customer is a person who takes part in the exchange with company. Every customer will have different…

Q: When marketers at Amazon. selected the Millennials, a demographic group that includes many college…

A: Market segmentation happens when the organisation separates its clients into the market…

Q: Define and distinguish between the concepts of "culture" and "subculture" and how it affects the…

A: Culture is one of the cultural circumstances of the client. – i.e., culture represents impacts…

Q: What is geo-demographic analysis?

A: Marketers segment the market to find out the potential buyers for the product/service. Marketers…

Q: 2 Describe how firms determinewhether a segment is attractiveand therefore worth pursuing.

A: Firms are required to determine their segments productivity to achieve the organization goal.

Q: the difference between mass and niche marketing? Give 2 examples.

A: Mass marketing and niche marketing are two different approaches of marketing that are implanted by…

Q: Why do companies segment their markets What are the different ways in which markets can be…

A: Market segmentation is dividing the market by grouping the customers of similar taste and preference…

Q: Socioeconomic Status Score is _________ measure of social class. Group of answer choices…

A: Socioeconomic Status is the social class or standing of an individual or a group and their economic…

Q: Describe loyalty status segmentation with the help of example ?

A: The loyalty status segmentation is discussed with the help of example as follows-

Q: what is geographic segment and is it substantial?

A: The companies in order to find a suitable and substantial customer segment in the market, perform…

Q: Discuss the demographic approach to segmentingconsumer markets.

A: Market segmentation divides a market into subgroups based on demographics, requirements, priorities,…

Q: Explain the term Gender segmentation?

A: The marketer develops diverse market segmentation strategies to carry down marketing activities…

Q: Create a profile of yourself as part of a market segment.Include the following:a. geographic…

A: Market segment means making groups of people for advertising differentiated according to their…