Selling to various ethnic groups is a form of demographic market segmentation.

Name: Selling to various ethnic groups is a form of demographic market segmentation.
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Question

Quizplus · Accepted Answer

Demographic market segmentation is the process of dividing the market based on various demographic factors such as age, gender, income, education level, family size, ethnicity, etc. Selling to various ethnic groups falls under this category as it involves targeting individuals based on their racial or ethnic background.

Selling to Various Ethnic Groups Is a Form of Demographic