A type of market segmentation divides markets into distinct groups based on age, gender, income level, occupation, or education level.
Target Market

Flashcard
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Business
•
11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Demographic Segmentation
2.
FLASHCARD QUESTION
Front
A type of business market to a business that advertises and sells services instead of products.
Back
Service market
3.
FLASHCARD QUESTION
Front
A type of business market that advertise and sell their goods or services to other businesses instead of marketing directly to consumers.
Back
Business to business market
4.
FLASHCARD QUESTION
Front
A type of market segmentation that divides markets into distinct groups based on location, such as region, state, or city.
Back
Geographic Segmentation
5.
FLASHCARD QUESTION
Front
A type of market segmentation that divide markets into distinct groups based on lifestyle, values, beliefs, interests, or opinion
Back
Psychographic Segmentation
6.
FLASHCARD QUESTION
Front
A type of business market that divides markets into distinct groups based on usage, attitude, loyalty, or benefit.
Back
Behavioral Segmentation
7.
FLASHCARD QUESTION
Front
Many individuals are involved in the buying process. Within large organizations, rarely is one individual solely responsible for the purchase of products or services. Instead many individuals and departments may be involved in the buying process. What type of customer is this describing?
Back
Business/Organizational customer
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