Benefits of focusing on a specific target market (with the aid of marketing segmentation) include all the following except:
A) Marketers can fine tune their marketing mixes, thus providing superior value to customers.
B) Marketers can build a competitive advantage by effectively meeting customers' needs.
C) Customers will view the firm's offerings as uniquely suited to their preferences and needs.
D) Managers can identify the best technology for improving production methods.
E) Managers will gain a clear, shared vision for how to proceed with marketing mix decisions.
Correct Answer:
Verified
Q257: The 7-step approach to market segmentation used
Q258: Clustering techniques
A) help sellers fine-tune the marketing
Q259: The first step in the seven-step approach
Q260: In the seven-step approach to market segmentation
A)
Q261: Ford Motor Co. asks members of its
Q263: "Positioning" might cause a marketing manager to:
A)
Q264: A marketer will likely need to reposition
Q265: "Positioning":
A) applies to new products-but not existing
Q266: When a company becomes aware that a
Q267: "Positioning" is a marketing management aid which
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