The purpose behind all efforts at market segmentation is to
A) ensure that every product is unique.
B) subdivide a large population into identical smaller segments
C) find the largest market segment that will constitute 90 percent of your market share
D) identify consumers that share common characteristics that will lead them as a group to respond distinctively and positively to the right marketing program
Correct Answer:
Verified
Q9: The acronym STP stands for
A) sales, targeting,
Q10: Demographic segmentation is widely used in selecting
Q11: Advertising is not only used for consumer
Q13: Surprisingly, psychographic segmentation is refers not just
Q15: The act of representing one's product so
Q16: One of the best ways to revive
Q17: Success from applying the STP framework is
Q18: When formulating a positioning strategy, a multiple
Q19: Once a company matches what it can
Q36: A brand's value proposition is a statement
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