Gender, age, education and income are all examples of Demographics. If a Perfume company wants to try a new product called Lauren, which demographic would they focus on?
Gender
What is the definition of Geographic factors
Dividing the market into groups based on where a person lives
Janice loves to hang out at the local Starbucks. Aside from the cofee she goes there to read and catch up on her college work. What type of Psychographic is this based on? Choose from: lifestyle, personality, morals or behavoural.
Personality
What is Behavioral segmentation?
Marketing based on what people look for in a product and why they buy it such as brand loyalty, usage, memory of the product.
What is the Marketing Mix? (hint 4 P's)
The four P's (Product, Price, Place and Promotion)