Understanding Market Segmentation Concepts

Understanding Market Segmentation Concepts

12th Grade

23 Qs

quiz-placeholder

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Understanding Market Segmentation Concepts

Understanding Market Segmentation Concepts

Assessment

Quiz

Business

12th Grade

Medium

Created by

Patrick Kramp

Used 1+ times

FREE Resource

23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following best defines demographic segmentation in marketing?

Dividing a market based on consumers' attitudes and lifestyles

Dividing a market based on age, gender, income, and education

Dividing a market based on product usage rates

Dividing a market based on geographic location

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does psychographic segmentation focus on?

Physical location of customers

Customers' behaviors and purchase history

Customers' lifestyles, values, and interests

Customers' age and gender

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of demographic segmentation?

Targeting customers who prefer eco-friendly products

Targeting customers aged 18-24

Targeting customers who live in urban areas

Targeting customers who shop online frequently

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a basis for demographic segmentation?

Age

Gender

Personality

Income

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of psychographic segmentation?

Targeting customers in New York City

Targeting customers who value adventure and travel

Targeting customers aged 30-40

Targeting customers with a household income above $100,000

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a key characteristic of psychographic segmentation?

It groups people by their spending habits

It groups people by their physical location

It groups people by their beliefs, attitudes, and lifestyles

It groups people by their age and gender

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A company wants to market a luxury car to high-income individuals. Which type of segmentation are they using?

Demographic segmentation

Geographic segmentation

Behavioral segmentation

Psychographic segmentation

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