United One Bank has designed various loan schemes tailored according to the needs of students,differently abled,single parent,and retirees.The bank has typically adopted a(n)_____ marketing strategy.

Question

Quizplus · Accepted Answer

The bank has adopted a differentiated marketing strategy. This is because the bank has designed loan schemes for specific groups of people based on their needs and characteristics. The loan schemes are tailored to cater to the unique requirements of these groups, rather than having a one-size-fits-all approach. By adopting a differentiated marketing strategy, the bank is aiming to meet the diverse needs of its target audience and gain a competitive advantage in the market.

United One Bank Has Designed Various Loan Schemes Tailored According