Which of the following is NOT a dimension of segmentation mentioned in the content?

The correct choice highlights that price sensitivity of customers is not traditionally categorized as a segmentation dimension in marketing contexts. Dimensions of segmentation typically refer to characteristics that help marketers understand different groups within their target audience based on behavioral or demographic factors.

In contrast, other options relate more directly to customer behavior and preferences that can be effectively classified:

• The distinction between "new versus returning customers" illustrates how businesses can tailor their marketing strategies based on a customer’s relationship status with the brand, allowing for more personalized communication and offers.

• Similarly, "preference for online versus in-store shopping" differentiates customers based on their shopping behavior, which can inform channel strategy and the type of marketing messages used.

• "Search versus category navigation" delves into how customers interact with the website or product categories, which gives insights into user experience preferences and helps shape the website’s design for optimal customer engagement.

Price sensitivity, while important in understanding how much customers are willing to pay, does not fall within the segmentation dimensions that categorize consumer groups for targeted marketing.