Which of the following holds true for demographic segmentation?
A) It refers to the segmentation of consumers based on the worth they get from products or services.
B) It refers to the segmentation of consumers based on where they live.
C) It refers to the segmentation of consumers based on how consumers describe themselves.
D) It refers to the strategy of investing in retention and initiatives to retain the firm's most profitable customers.
E) It refers to the segmentation of consumers on the basis of easily measured, objective characteristics such as age, gender, income, and education.
Correct Answer:
Verified
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