
Lucy's Swimwear Boutique offers swimwear that is targeted at affluent people who can afford to buy expensive, handmade swimsuits. Which of the following approaches to market segmentation is Lucy's Swimwear Boutique using?
A) Broad differentiation strategy
B) Low market segmentation
C) Medium market segmentation strategy
D) Broad high-cost strategy
E) Focus differentiation strategy
Correct Answer:
Verified
Q49: Differentiation allows a company to:
A) respond to
Q50: Production of a large product variety without
Q51: Lilly's Beauty Company sells haircare products such
Q52: Which of the following is NOT a
Q53: Delta Airlines used to advertise its high-quality
Q55: The advantage that focused companies have over
Q56: Yankee Candle Company offers customers candles that
Q57: When a company targets a certain segment
Q58: At The Luxury Hotel in Miami, Florida,
Q59: Which of the following is NOT a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents