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What refers to the method of classifying individuals based on their controllable lifestyle choices?

  1. Behavioral analysis

  2. Demographics

  3. Psychographics

  4. Preference profiling

The correct answer is: Psychographics

The term that refers to the method of classifying individuals based on their controllable lifestyle choices is psychographics. Psychographics go beyond basic demographic data (such as age, gender, and income) by examining attitudes, interests, values, and lifestyle choices, which are all within an individual's control. This analysis digs deeper into consumer behaviors and motivations, allowing businesses and marketers to better tailor their strategies to meet the unique preferences of different segments of the population. By focusing on psychographics, companies can create more personalized marketing campaigns and product offerings that resonate more with target audiences, as it sheds light on how individuals choose to live and what influences those choices. This approach is essential for understanding consumer behavior in a meaningful way.