Asked by Lindsey Marie on May 06, 2024

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Baby Boomers represent a huge demographic segment for travel marketers. Baby Boomers are also heavily motivated by self-fulfillment, which creates the possibility of ________ segmentation.

A) geographic
B) self-concept
C) psychographic
D) benefit
E) behavioral

Psychographic Segmentation

A marketing strategy that categorizes audiences based on their personality traits, values, attitudes, interests, and lifestyles to better tailor products and messages.

Baby Boomers

Generational cohort of people born after World War II, between 1946 and 1964.

Self-fulfillment

The realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

  • Comprehend the principles and tactics involved in market segmentation.
  • Recognize various types of market segmentation such as geographic, demographic, psychographic, and behavioral.
  • Describe the methodology and significance of focusing on specific segments within marketing approaches.
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Gabrielle DianneMay 11, 2024
Final Answer :
C
Explanation :
Baby Boomers' motivation for self-fulfillment suggests a psychographic segmentation approach, which would focus on their attitudes, values, and lifestyles. Geographic segmentation looks at where the consumer is located, benefit segmentation focuses on what the consumer looks to gain from a product, self-concept segmentation looks at the consumer's beliefs about themselves, and behavioral segmentation looks at how the consumer behaves toward a product.