Which of the following is true of the PSYTE system?
A)It refers to the display, in two or more dimensions, of the position of products or brands in the consumer's mind.
B)It refers to the segmentation that tailors a product or service to suit an individual customer's wants or needs.
C)It refers to the grouping of all neighbourhoods in Canada into 60 different lifestyles clusters with specific locations.
D)It refers to a strategy in which marketers change a brand's focus to target new markets or realign the brand's core emphasis with changing market preferences.
E)It refers to the practice of interacting on a one-to-one basis with many people to create custom-made products or services.

Question

Quizplus · Accepted Answer

The PSYTE system is a geodemographic classification system that groups neighborhoods in Canada into different lifestyle clusters, providing insights into consumer behavior based on geographic locations.

Which of the Following Is True of the PSYTE System