Problem on extensive market research and analysis


Problem: Through extensive market research and analysis, an automobile manufacturing company has identified three different groups based on what consumers seek in a luxury car. They have identified three main segments: performance-oriented customers, comfort-focused customers, and technology enthusiasts. This is called _________ segmentation. Group of answer choices Geodemographic Psychographic Geographic Benefit Demographic

 

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Marketing Management: Problem on extensive market research and analysis
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