Question: The reason why marketers often create segments based on a combination of variables is that ____________________________. this is a way to compensate for lack of
The reason why marketers often create segments based on a combination of variables is that ____________________________.
| this is a way to compensate for lack of data for each independent variable that the segment is based on | ||
| this will lead to more clearly defined segments with smaller differences between consumers in the segment | ||
| this will increase the subsistentiality of each segment | ||
| consumers tend to prefer segments that are multi-defined | ||
| this will lead to segments that are more stable over time |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
