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Grouping customers on the basis of their purchase histories is an example of what type of...

Grouping customers on the basis of their purchase histories is an example of what type of segmentation?

Geographic

Behavioral

Demographic

Geodemographic

Psychographic

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Answer #1

Answer - BEHAVIORAL

Grouping customers on the basis of their purchase histories is the example of Behavioral segmentation.

Behavioral segmentation is basically a pattern of dividing the entire set of market into smaller groups on the basis of their customer buying habits. Therefore, when customers are grouped on the basis of purchase histories, then it falls under the category of BEHAVIORAL SEGMENTATION.

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