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Porsche is one of the market leaders in the premium segment of the automotive industry. During a market research exercise, Porsche looked at its consumer

Porsche is one of the market leaders in the premium segment of the automotive industry. During a market research exercise, Porsche looked at its consumer data and classified its customers into 5 segments:

  1. Thetop gunsprofile consists of ambitious and driven individuals who care about power, control and expect to get noticed.
  2. Theelitistsincludes individuals that have the attitude that a car is just a vehicle and not an expression of a person's personality.
  3. Theproud patronsconsist of individuals who see Porsche as a trophy and the result for hard work.
  4. Thebonvivantsprofile consists of thrill-seekers with the Porsche as a means of excitement.
  5. Thefantasistsprofile of consumers see the Porsche as a form of escape and do not care about impressing others.

Identify the basis of customer segmentation.

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