# Price-Based Market Segments

**IRI:** https://folio.openlegalstandard.org/RQbVKPVl5dj5nW6aXoNxx4

## Labels

## Definition

Price-based segments refer to divisions of the market that are categorized based on the pricing and affordability of products and services. These segments include luxury, budget, and mass market, each targeting consumers with different levels of purchasing power and preferences for price versus quality.

## Sub Class Of

- https://folio.openlegalstandard.org/R7KxYUBMSAuzPHdBhWfPSv7

## Parent Class Of

- https://folio.openlegalstandard.org/R85mRFndZGnrtqeakkdM38i
- https://folio.openlegalstandard.org/R8A0lCUdGrKUCB0nu0VfLzI
- https://folio.openlegalstandard.org/RBguYnVVl5fmAxjW2p0fNkw

**Deprecated:** False