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Income segmentation is the process of dividing markets by income. This demographic trait is best segmented for higher priced specialty products. Some industries that use income segmentation include travel, entertainment, financial services, etc.

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Segmentation of nano car?

nano segmentation in income wise, class wise ,demograrhical, geographical


what is Demographic Segmentation?

Demographic segmentation is one of the simple, common methods of market segmentation. It involves breaking the market into customer demographics such as age, income, gender, race, education, or occupation. This market segmentation strategy assumes that individuals with similar demographics will have similar needs. Example: The market segmentation strategy for a new video game console may reveal that most users are young males with disposable income.


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5 types of market segmentation include :- Behavioral Segmentation Psychological Segmentation Demographic Segmentation Geographic Segmentation Firmographic Segmentation


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Examples of demographic segmentation include age, gender, income level, occupation, and marital status. Variations of these represent the ideal target market.


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Demographic segmentation?

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What is hybrid segmentation of market?

segmentation is a creative prcess. marketers normally segment markets by combining several segmentation variables rather than relaying on a single segmentation base. THERE ARE 4 METHODS OF HYBRID SEGMENTATION * Value and Life Style (VALS) * psychographic-demographic segmentation * geo-demographic segmentation * yankelovich's mind base segmentation


What are the major methods used to classify tourists?

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