ICANBusiness, Management and FinanceMarketing Fundamentals2023

A Lagos-based consumer goods company segments its market by dividing customers into groups based on their knowledge, attitudes, uses, or responses to a product. Which type of market segmentation is the company applying?

ADemographic segmentation
BGeographic segmentation
CBehavioural segmentationCORRECT
DPsychographic segmentation
AI
Toaster Teacher
Why the answer is C, and why the others tempt you.
Behavioural segmentation divides buyers into groups based on their knowledge of, attitude towards, use of, or response to a product. Demographic segmentation uses age, income, and gender; geographic segmentation uses location; and psychographic segmentation uses lifestyle and personality traits.
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