An auto insurance company segmented its market by both gender and age and designed different marketing campaigns to appeal to both. In the end, both segments responded the same to the different marketing strategies, in part, because both segments are required to have auto insurance. This firm failed to understand the criteria of market segments needing to be
A) substantial.
B) accessible.
C) differentiable.
D) measurable.
E) actionable.
Correct Answer:
Verified
Q21: What are the two most commonly used
Q22: Demographic segmentation divides markets by
A)geographic location.
B)characteristics such
Q23: Which of the following is not one
Q24: To be effective, market segmentation should create
Q25: Repositioning refers to resegmenting a target market
Q27: A successful positioning statement should include the
Q28: When a firm is reasonably certain that
Q29: A defined in your text, market segmentation
Q30: A firm that uses a price-quality relationship
Q31: When it comes to criteria for segmenting
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