Momentum, a brand of sports cars, launched an advertising campaign with a tagline that states, "Our cars outperform most cars on the road even before you step on the accelerator." In this scenario, the company is using _____ segmentation as it targets its product to satisfy consumers who want to satisfy performance needs.
A) benefit
B) demographic
C) geographic
D) socioeconomic
The above scenario is an illustration of benefit segmentation.The grouping of consumers on the basis of attributes sought in a product is known as benefit segmentation and is widely used.
Correct Answer:
Verified
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