Types of market segmentation

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Reference no: EM131438822

Rotego Inc., an automobile manufacturer, releases two new models of cars. The first model is an expensive luxury car targeted at high-income groups, whereas the second model is an affordable car targeted at low-income groups. Through the introduction of these two models, Rotego intends to present itself as a company that caters to people across all income groups. In this scenario, which of the following types of market segmentation does Rotego employ?

  • Behavioral segmentation

  • Occasion segmentation

  • Geographic segmentation

  • Demographic segmentation

Reference no: EM131438822

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