Marketing: Real People, Real Choices (9th Edition)
Marketing: Real People, Real Choices (9th Edition)
9th Edition
ISBN: 9780134292663
Author: Michael R. Solomon, Greg W. Marshall, Elnora W. Stuart
Publisher: PEARSON
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Chapter 7, Problem 4QA
Summary Introduction

To describe: The various demographic characteristics used for segmenting the consumer markets.

Introduction:

Demographic is defined as the statistical data about the characteristics of a population,such as the gender age, gender and income of the people, education leveletc. of the population.

Demographic segmentation:It is defined as market segmentation according to the race, age, gender, education family size, religion, income, and ethnicity, Demographics can be segmented into various markets to help an organization aim its consumers more accurately.

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Part 1 Identify a product and create a tree diagram to identify and display segmentation. Develop a diagram (see example provided), Identify segmentation for a specific product.
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