Information about the target market, such as age, gender, income level, marital status, ethnic background, geographic residence, attitudes, lifestyle, and behavior is called a .....

MARKETING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Information about the target market, such as age, gender, income level, marital status, ethnic background, geographic residence, attitudes, lifestyle, and behavior is called a ____

A	target market
B	consumer markets
C	marketing mix
D	customer profile

Explanation:

Detailed explanation-1: -Demographic data is used by businesses to help them understand the characteristics of the people who buy their products and services. With demographics, you can see who your brand appeals to the most by age, location, gender, job title, income and hundreds of other variables.

Detailed explanation-2: -Five ways to segment markets include demographic, psychographic, behavioral, geographic, and firmographic segmentation.

Detailed explanation-3: -A target market is a group of potential customers that you identify to sell products or services to. Each group can be divided into smaller segments. Segments are typically grouped by age, location, income and lifestyle.

Detailed explanation-4: -Demographic targeting or demographic segmentation is a type of market segmentation according to family size, religion, gender, age, ethnicity, education, and even income. These data can effectively be segmented into different markets, helping companies target customers more accurately than ever before.

There is 1 question to complete.

MANAGEMENT

BUISENESS MANAGEMENT

MARKETING