Consumer Behavior. Lecture 5: Market Segmentation and Product Positioning

After completing this chapter, the student should be able to: define market segmentation. elaborate on the major steps in developing a segmentation strategy. describe the benefit approaches to segmenting a market. describe the psychographic segmentation using the VALSTM describe person/situation segmentation and the steps involved. describe geodemographic segmentation and the PRISM NE system. define product […]