Asked by Pradeep Patil on May 20, 2024

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________ segmentation is the most common basis of consumer market segmentation because these segments are easy to define and usually easy to reach.

A) Geographic
B) Psychographic
C) Behavioral
D) Benefits
E) Demographic

Demographic Segmentation

The grouping of consumers according to easily measured, objective characteristics such as age, gender, income, and education.

Consumer Market

The market segment consisting of individual customers who purchase goods and services for personal use.

Segments

In marketing, it refers to subsets of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities like interests, needs, or location.

  • Learn about the key notions and strategies employed in the segmentation of markets.
  • Identify the various categories of market segmentation, including geographic, demographic, psychographic, and behavioral.
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Samjhana Godar ThapaMay 22, 2024
Final Answer :
E
Explanation :
Demographic segmentation divides the market into groups based on variables such as age, gender, income, education, occupation, family size, religion, race, and nationality. These segments are easy to define and usually easy to reach through traditional marketing channels. Therefore, demographic segmentation is the most common basis of consumer market segmentation.