week 2 Flashcards

1
Q

list the three levels of marketing

A
  • mass marketing
  • segmented marketing
  • niche/local/individual
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2
Q

why do we use segmented marketing

A
  • optimises resources
  • identifies opportunities
  • identify needs for new products
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3
Q

list the four segment dimensions

A
  • demographic variables
  • geographic variables
  • psychographic variables
  • behavioural variables
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4
Q

what is involved in demographic variables?

A

age, gender, race, ethnicity, income

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5
Q

what is involved in geographic variables

A

regions, cities, local government, proximity

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6
Q

what is involved in pyschographic variables

A

personality, attributes, motives, lifestyles, values

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7
Q

what is involved in behavioural variables

A

occasion, loyalty, price

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