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

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