Market Segmentation (HSC SSCE Business Studies): Quizzes

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Market Segmentation
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What is the primary aim of market segmentation?

To increase sales, market share & profits

Which are the four main segmentation variables?

Demographic, geographic, psychographic, behav.

Why is demographic segmentation the most commonly used method?

Demographic data is easy to measure & collect

Which age group does Coca-Cola's Fanta primarily target?

13 to 16-year-olds

Geographic segmentation divides markets based on what?

Geographic locations

Which product does McDonald's offer in the Middle East?

McArabia

What does psychographic segmentation focus on understanding?

Why people behave the way they do

Which is a behavioral segmentation variable?

Loyalty

What % of new housing demand will downsizers take up?

32%

What % of downsizers have no children living at home?

92%

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