A market contains subgroups of people with varying interests
A market contains subgroups of people with varying interests, values, and behaviors. To maximize your
effectiveness in reaching these subgroups, many companies will divide the total population into market segmentation. The four fundamental factors that marketers use to identify market segmentation are
demographics, psychographics, geography, and income.
behavior, geography, income and demographics.
geography, behavior, psychographics, and demographics.
demographics, behavior, sales tax, and education level.
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