What is the difference between geographic and demographic segmentation?
Geographic segmentation divides the market based on location, while demographic segmentation focuses on characteristics like age, gender, and income.
Can you give me examples of each type of segmentation?
Sure! Geographic segmentation could be targeting customers in urban areas, while demographic segmentation might target millennials with disposable income.
Which one is more effective for marketing?
It depends on your product and target audience. Geographic segmentation is great for location-specific products, while demographic is useful for understanding consumer behavior.
How can I implement these strategies in my business?
You can start by analyzing your customer data to identify key demographics and locations, then tailor your marketing strategies accordingly.
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