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What market segmentation category are these examples of: personality, values, lifestyle, needs?

1) Demographic
2) Psychographic
3) Behavioral

1 Answer

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Final answer:

The categories of personality, values, lifestyle, and needs fall under the psychographic market segmentation, which focuses on psychological characteristics of consumers.

Step-by-step explanation:

The examples of personality, values, lifestyle, and needs pertain to the psychographic category of market segmentation. Psychographic segmentation involves dividing a market on the basis of individual attitudes, personality traits, values, interests, lifestyles, and other psychological criteria. It differs from demographic segmentation, which categorizes consumers based on statistical attributes such as age, gender, or income, and behavioral segmentation, which is based on behaviors and patterns, such as product usage frequency or brand loyalty.

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