During the end of the semester, HIT students have been identified as frequent consumers of Switch, Red Bull and Kambucha energy drinks. This is an example of behavioral market segmentation based on*3 pointsA. economic status.B. loyalty response.C. rate of use.D. occasion response
Question
During the end of the semester, HIT students have been identified as frequent consumers of Switch, Red Bull and Kambucha energy drinks. This is an example of behavioral market segmentation based on*3 pointsA. economic status.B. loyalty response.C. rate of use.D. occasion response
Solution
The example given refers to behavioral market segmentation based on "C. rate of use." This is because the HIT students are identified as frequent consumers of Switch, Red Bull, and Kambucha energy drinks, indicating that their consumption rate is high. This type of segmentation divides the market into groups according to their knowledge, attitudes, uses, or responses to a product. In this case, the students' frequent consumption of these energy drinks shows their behavior or usage rate of these products.
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