Asked by Martevus Blount on Jun 24, 2024

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Giant Food Stores in suburban Washington, DC, adjusts its ethnic food aisle offerings based on the ethnic groups living near each store. Giant Foods is using geodemographic segmentation.

Geodemographic Segmentation

The grouping of consumers on the basis of a combination of geographic, demographic, and lifestyle characteristics.

Ethnic Food Aisle

A section within grocery stores dedicated to foods and ingredients associated with various ethnic or cultural cuisines.

Suburban

Pertaining to or characteristic of areas on the outskirts of a city, often residential in nature and less densely populated than urban centers.

  • Obtain insights into the critical theories and strategies underlying market segmentation.
  • Discern the various market segmentation methods, including geographic, demographic, psychographic, and behavioral.
  • Recognize the importance and methods of adapting marketing efforts to specific segments.
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fernando caballeroJun 25, 2024
Final Answer :
True
Explanation :
Geodemographic segmentation is the process of grouping customers based on their geographic location, demographic data, and lifestyle characteristics. In this case, Giant Food Stores is segmenting its customers based on the ethnicity of the population living near each store. This allows them to tailor their offerings to the specific needs and preferences of each community.