Asked by Trent Freeman on Sep 28, 2024

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A ________ segmentation focuses on customer desires such as service support,cutting-edge technology,or financial terms.

A) personal characteristic
B) psychographic
C) benefits-sought
D) mass market

Benefits-sought

Specific advantages or improvements customers are looking for in a product or service, which influence their purchasing decisions.

Service Support

Assistance and resources provided by a company to the users of its products or services.

Cutting-edge Technology

The latest and most advanced technology available in a field or industry.

  • Grasp the concept of benefits-sought segmentation and its role in identifying consumer needs.
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Isabella Brown1 day ago
Final Answer :
C
Explanation :
Benefits-sought segmentation is a form of market segmentation based on identifying the benefits that consumers are seeking in a product or service. This type of segmentation is based on customer desires or preferences, which may include service support, cutting-edge technology, or financial terms. This approach helps businesses to tailor their marketing efforts to the specific needs and wants of different groups of consumers.