Read the following statements to select which one is accurate regarding the use of social media in market segmentation.
A) Social media is not very helpful in segmenting markets, but it can be a useful tool for marketers once the market has already been segmented.
B) As of yet, social media has not been proven to be an effective tool for segmenting markets.
C) As compared to traditional segmenting techniques, it is easier to know exactly how to engage consumers on social networking sites.
D) By segmenting the market by those who are active on social media, companies can connect with a larger and more diverse consumer base.
E) Social media is most helpful in reaching out to older Americans and senior citizens.
Correct Answer:
Verified
Q74: Colin has opened up a new sports
Q75: Which statement best characterizes international market segmentation?
A)It
Q76: As it pertains to international segmentation, global
Q77: What are the three basic strategies for
Q78: Firms typically segment international markets using three
Q80: Undifferentiated targeting is a strategy that
A)simultaneously pursues
Q81: Ace Tutors is a business that tutors
Q82: The competitive analysis tool that creates a
Q83: Brynn has always wanted to open a
Q84: The second step in deciding how best
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