Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I think the three most important segments variables for this example would be lifestyle and interest (psychographics) and the income (demographic) of the consumer. The
I think the three most important segments variables for this example would be lifestyle and interest (psychographics) and the income (demographic) of the consumer. The lifestyle of the consumer has to allow the consumption of pizza whether that be through their diet or allergies. Interest also can tie in with lifestyle. The consumer has to like pizza and have the curiosity or want to try this specific pizza product. The most important of the three is income. If a consumer does not have the disposable income to spend on this product that is sitting at or above market value, the consumer might deem the product to expensive and opt for more traditional routes/businesses. The two market segments I would make for this product would be called the Quick & Easy Dinner and the College Goer. The consumers belonging to the Quicl & Easy Dinner segments are consumers that might have a family or just a busier lifestyle. They mostly get home later and often forget about dinner until the last moment. They are ok with spending a little more if that means getting their food as quick as possible and prefer not to leave their home to get the take
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started