Discuss the difference between demographic and psychographic segmentation. Give examples of companies employing each.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (18 reviews)
Demographic segmentation is the segmenting of markets based on age income sex race etc Psychographic ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Advertising and Promotion An Integrated Marketing Communications Perspective
ISBN: 978-0078028977
10th Edition
Authors: George Belch, Michael Belch
Question Posted:
Students also viewed these Management Leadership questions
-
Discuss the difference between benefit and demographic segmentation. Give examples of companies employing each. Is it possible for a company to employ both forms of segmentation simultaneously?
-
Give examples of companies offering cloud services.
-
Discuss the difference between budgets and standard costs. Discuss.
-
Julie is the insured on a $300,000 ordinary life insurance policy. Julie sells her life insurance policy to Ben for $20,000. Ben promptly named himself beneficiary. The policy had a cash surrender...
-
Calculate the amount of heat evolved when 3.5 104 kg of hydrogen is combusted. 2H2(g) + O2(g) 2H2O(g) H = 484 kJ
-
The loss of a key customer has temporarily caused Bedford Machining to have some excess manufac- turing capacity. Bedford is considering the acceptance of a special order, one that involves Bedford's...
-
What are the risks of doing business in emerging markets such as Indonesia, and how can they be reduced? L01
-
Compute cost of goods sold for year 2013 using the following information. Finished goods inventory, Dec. 31, 2012 . . . . . . . . . . . . $ 345,000 Goods in process inventory, Dec. 31, 2012 . . . . ....
-
use excel and show your step please. Smith Products Balance Sheet as at June 30. $ $ Given Cash Calculate A/R Given Inventory 8,000 ? A/P Notes /Pay 11,700 Given None $ $ 18,000 Current Liabilities $...
-
ZED plc manufactures one standard product, which sells at ?10. You are required to:(a) Prepare from the data given below, a break-even and profit?volume graph showing the results for the six months...
-
Marketing strategies are placing more and more effort on target marketing. What is target marketing? Give examples of companies currently employing this strategy.
-
Evaluate the Punch Dub campaign that the Deutsch LA agency developed when it took over the Volkswagen of America account. Discuss the pros and cons of the campaign and assess the way it was...
-
On March 31, 2016, Susquehanna Insurance purchased an office building for $12,000,000. Based on their relative fair values, one-third of the purchase price was allocated to the land and two-thirds to...
-
Undertake the following and make recommendations for promoting the hotel, bar, restaurants and rooms online: 1. Review regional hotels with bars, a restaurant and limited accommodation and what...
-
W = 235 lb/ft L = 10.5 ft L W The proposed beam for the loading diagram above is a steel 5-in nominal extra strong pipe. What is the maximum bending stress?
-
6. A temporary pedestrian bridge is being designed in Bath for pedestrians to cross the river Avon. A contractor has been employed and the engineering company has decided to support the bridge using...
-
Write the constraints and find the solution for Crypt-arithmetic Problem in Al BASE +BALL B 7 A 4 S8 E 3 GAMES L5 G 1 M 9
-
A well stirred vessel of volume V initially contains fresh water. Dirty water of concentration C_0+cos(wt) (mass/volume) is fed to it at the rate of q (volume/time), where w is the frequency of...
-
The auditor-general must report on an exception basis if: A. Records have not been made available for inspection. B. Records have been retained for at least 10 years. C. Proper accounting records...
-
KD Insurance Company specializes in term life insurance contracts. Cash collection experience shows that 20 percent of billed premiums are collected in the month before they are due, 60 percent are...
-
The first formant of your vocal system can be modeled as the resonance of an open-closed tube, the closed end being your vocal cords and the open end your lips. Estimate the frequency of the first...
-
What is meant by a primacy versus recency effect? When might an advertiser want to try and achieve each type of effect?
-
Explain some of the factors that might lead to success in increasing sales and achieving communications objectives when competitors decrease their budgets.
-
Discuss why the allocation of media dollars to digital and social media at the expense of traditional media is considered by some marketers to be a knee-jerk reaction.
-
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
-
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...
-
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
Study smarter with the SolutionInn App