Which of the following observations about geodemographic segmentation is true?
A) It does not identify specific individuals of households within a market.
B) It creates classifications of actual, addressable, mappable neighborhoods where consumers live and shop.
C) It is based on the assumptions that consumers in particular neighborhoods are similar in many respects.
D) It identifies consumer needs and wants and to satisfy them by providing products and services with the desired benefits.
Correct Answer:
Verified
Q56: Research studies showed Procter & Gamble that
Q57: A furniture manufacturer sells sofas in the
Q58: Consumers who buy from the Crossing Pointe
Q59: According to VALS™, _ are the type
Q60: Thinkers, according to the VALSTM model, are
Q62: Let's say you wanted to build a
Q63: What assumption is the PRIZM NE system
Q64: Consumers driven by knowledge and principles are
Q65: Pepsi-Cola and Coca Cola have come up
Q66: What does geodemographic segmentation identify?
A) The belief
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents