Socioeconomic market segmentation is another name for _____ segmentation.
A)product-related
B)demographic
C)psychographic
D)geographic

Question

Quizplus · Accepted Answer

Socioeconomic market segmentation is also known as demographic segmentation, which divides the market based on demographic factors such as age, gender, income, education, occupation, and family status. This type of segmentation helps in identifying and targeting specific groups of consumers who have similar socioeconomic characteristics and needs.

Socioeconomic Market Segmentation Is Another Name for _____ Segmentation