Question: CVS uses segmentation to identify customer groups in different specific cities, regions, states, urban, suburban, rural areas. CVS uses data analysis to uncover very different

CVS uses segmentation to identify customer groups in different specific cities, regions, states, urban, suburban, rural areas. CVS uses data analysis to uncover very different needs and purchase behavior in its urban and suburban stores, and uses those insights to tailor what it stocks in those areas.

What is the primary segmentation approach is CVS executing?

product related segmentation

geographic segmentation

demographic segmentation

psychographic segmentation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!