Most types of retail establishments are able to attract all segments of a target market.

Question

Quizplus · Accepted Answer

While some types of retail establishments may be able to attract a wide range of customers, most will have a more specific target market based on factors such as pricing, product offering, and marketing strategy. For example, a high-end luxury clothing store may target wealthy individuals with a higher income level and a preference for luxury items, while a discount store may target budget-conscious customers who are looking for lower-priced items.

Most Types of Retail Establishments Are Able to Attract All