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Which type of market segmentation groups buyers based on knowledge, attitudes, uses, or responses to a product?

APsychographic Segmentation
BGeographic Segmentation
CDemographic Segmentation
DBehavioral Segmentation

Explanation

* Behavioral Segmentation divides buyers into groups based on user status, usage rate, occasion, loyalty status, and benefits sought.
* Occasion segmentation groups buyers according to when they get the idea to buy or use the item.
* Behavioral variables are often considered the best starting point for building market segments.

Exam Relevance
  • Topic: STP Marketing
  • Subtopic: Behavioral Segmentation
Submitted by: mcqstutor Team More Marketing MCQs →

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