To segment consumer markets, markets can be classified according to behavioural, psychological and profile criteria. Demographic data is an example of psychological criteria for segmentation.
Correct Answer:
Verified
Q8: _ can be used to position brands
Q9: Marketing communications can be used in one
Q10: A customized targeting strategy predominates in B2B
Q11: Standard Industrial Classification (SIC) codes are used
Q12: The method by which whole markets are
Q14: The benefits sought approach is based on
Q15: Organizational characteristics, such as organizational size and
Q16: A concentrated marketing strategy (or niche marketing
Q17: Perceptual mapping data reveal strengths and weaknesses
Q18: Mainstream brands tend to spring to mind
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