ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is the study of consumers based on social characteristics, such as personality, opinions, and lifestyle elements.
A
Psycho-graphics
B
Geographics
C
Demographics
D
Brand loyalty
Explanation: 

Detailed explanation-1: -Psychographics is the qualitative methodology of studying consumers based on psychological characteristics and traits such as values, desires, goals, interests, and lifestyle choices.

Detailed explanation-2: -Psychographic factors may include personality characteristics, lifestyle, social class, habits, behaviors, and interests. Each of these unique psychological factors greatly influences a consumer’s behavior. You then use these factors to segment your audience based on their psychographic makeup.

Detailed explanation-3: -Psychographics are applied to the study of cognitive attributes such as attitudes, interests, opinions, and belief, as well as the study of overt behavior (e.g., activities). A “psychographic profile” consists of a relatively complete profile of a person or group’s psychographic make-up.

Detailed explanation-4: -Psychographic segmentation classifies consumers on the basis of individual lifestyles as they’re reflected in people’s interests, activities, attitudes, and values.

There is 1 question to complete.