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Question
Which of the following statements about psychographics is most accurate?A. Psychographics is unable to provide actionable information about potential customers since the data obtained from the research is too subjective to be reliably interpreted and acted upon.
B. Although helpful in segmenting markets, psychographics is limited in its ability to target consumers.
C. Psychographics combines demographic data, psychological data, and actual spending data of consumers to create VALS profiles.
D. Psychographics combines psychology, lifestyle, and demographics to uncover consumer motivations for buying and using offerings.
E. Psychographic data is extremely vulnerable to current social trends and therefore is best suited to new market-product combinations rather than existing ones.
Answer
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