MARKETING:REAL PEOPLE,REAL CHOICES
10th Edition
ISBN: 9780135199893
Author: Solomon
Publisher: RENT PEARS
expand_more
expand_more
format_list_bulleted
Question
Chapter 7, Problem 5QA
Summary Introduction
To describe: The process of consumer psychographic segmentation and the concept of VALS are to be determined along with the way it divides the population.
Introduction:
Psychographic segmentation: It is defined as a method that is used to group the current, prospective, or previous customers by their shared personality traits, values, beliefs, interests, lifestyles, attitudes other factors.
VALS (values and lifestyles):It is defined as a psychographic system that divides the entire population into eight segments.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Why marketers are interested in consumer lifestyles and what dimensions do they use to measure lifestyle?
What is meant by consumer orientation ?
What is meant by consumer lifestyle?
Chapter 7 Solutions
MARKETING:REAL PEOPLE,REAL CHOICES
Knowledge Booster
Similar questions
- What is Behavioural Segmentation of Consumer markets? What are its main components and how are these important from a marketing point of view?arrow_forwardWhy are marketers interested in consumer lifestylesand what dimensions do they use to measure lifestyle?Describe your lifestyle along those dimensions andidentify consumption-related activities based on yourlifestyle.arrow_forwardEvaluate : demographic segmentation and Psychographic segmentationarrow_forward
- What are some products that make their appeals primarily to the id? To the superego? To the ego? How does these appeal work? can you think of a company that uses psychographics segmentation to position its products in the marketplacearrow_forwardHow does demographic segmentation differ from psychographic segmentation, and what are their respective advantages in marketing?arrow_forwardWhat is psychographic segmentation?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning