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True/ False A market segment profile may cover such aspects as demographic characteristics, geographic factors, product benefits sought, lifestyles, brand preferences, and usage rates.

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User Jem
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1 Answer

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Final answer:

A market segment profile may cover demographic characteristics, geographic factors, product benefits sought, lifestyles, brand preferences, and usage rates.

Step-by-step explanation:

A market segment profile may cover aspects such as demographic characteristics, geographic factors, product benefits sought, lifestyles, brand preferences, and usage rates. For example, when analyzing demographic characteristics, marketers may consider factors such as age, gender, education, religion, and race to understand the target audience. Geographic factors can include variables like location, climate, and population density. Product benefits sought refer to the specific needs and preferences that consumers seek in a product or service. Lifestyles, brand preferences, and usage rates provide additional insights into consumer behavior and can further refine the market segment profile.

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User Aleksey Potapov
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