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Highlight with examples why a researcher would use Behavioral and Psychographic segmentation for a preferred market?
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- Explain the importance of segmentation in market research or business research and suggest how the market can be segmented.explain geodemographic segmentation and how it differs from other forms of market segmentation. please do fast and correctBased on your research, write a succinct analysis of each of the following items: Market Analysis Target Market Industry Analysis SWOTT Analysis Market Segmentation Competition
- What is the relationship between market segmentation and the selection of target markets?How does each firm employ psychographic segmentation (such as the AIL statements and the VALS approach) to the marketing of its products? Is there a relationship between the use of psychographic segmentation and the types of products sold by each firm?State the relationship between market targeting and market segmentation in the process of marketing strategy. Is market targeting important in the process? Elaborate your answer.
- How can marketers use behavioral segmentation in consumer markets? Give an example for each method of behavioral segmentation.How is demographic segmentation used in consumer markets? Provide an example where marketers have used demographic segmentation.How does demographic segmentation differ from psychographic segmentation, and what are their respective advantages in marketing?