Answer:
Demographic Segmentation
Step-by-step explanation:
Dividing up a market based on population statistics is called Demographic Segmentation. This approach involves segmenting the market based on various demographic factors such as age, gender, income, education, occupation, marital status, and more. It helps businesses tailor their products, services, and marketing strategies to meet the specific needs and preferences of different demographic groups within the market.
(The Person before me is wrong)