The Gap Inc. has recently produced a new line of athletic wear that closely competes with a designer label in its quality, utility, and appearance. However, it is about half the cost of the designer brand. Product managers for The Gap line plan to use price sensitivity, brand loyalty, and end use as variables to segment their target market. These are all variables for market segmentation.
A) psychographic
B) usage
C) demographic
D) lifecycle
E) behavioristic
Correct Answer:
Verified
Q90: The three most commonly used psychographic segmentation
Q94: Bethlehem Steel Corp. provides steel for a
Q97: Dell Inc. segments its business markets into
Q99: Seventh Generation is a company producing products
Q100: Demographic variables such as income and occupation,
Q101: Which of the following is an example
Q106: Budweiser may choose to segment its market
Q130: The amount of product a company expects
Q136: When selecting specific target markets, a firm
Q138: Relying on executive judgment for forecasting may
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