A | B |
DATA GATHERING: | The process of collecting facts and figures |
DATA PROCESSING: | Handling information, especially facts. |
DATABASE: | Computerized storage for information and facts. |
DATA MINING | The practice of analyzing large databases in order to generate new information. |
DEMOGRAPHIC SEGMENTATION: | The division of a market on the basis of its physical and social characteristics |
DEMOGRAPHICS: | The physical and social characteristics of the population |
GEOGRAPHIC SEGMENTATION: | The division of a market on the basis of where consumers are located. |
PSYCHOGRAPHIC SEGMENTATION: | The division of a market on the basis of consumers' lifestyles and personalities. |