Scott owns Buffalo Mountain Coffee in Deer Park,Ohio.He understands the need to segment his market,and available marketing research indicates there is much demand in the community for unique coffee drinks.However,he has few resources and cannot engage in intensive consumer research to precisely identify a segment.Which of the following strategies would you suggest he employ?
A) Develop an undifferentiated strategy,because it is not a large community and he could create a single marketing mix that would serve the entire community.
B) Employ a macrosegmentation strategy because the data needed for such a strategy are both easy to get and fit his needs exactly.
C) Use a single-variable strategy because it offers an inexpensive alternative that would not require much experience to employ.
D) Use a multiple-variable segmentation strategy because it is easier to use than single-variable segmentation.
E) Conduct a VALS investigation of his buying market.
Correct Answer:
Verified
Q41: A manufacturer of lenses used in microscopes,binoculars,and
Q42: Market segmentation can assist marketers to do
Q43: Altria Group Inc.'s Phillip Morris failed at
Q44: A research firm has conducted marketing research
Q45: All of the following are criteria for
Q47: _ are characteristics of individuals,groups,or organizations that
Q48: Military Spouses is the only publication in
Q49: A health club has a new fitness
Q50: Consumers in Louisiana love hot sauce,and Tabasco
Q51: The marketing manager of Gevalia gourmet coffees
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