Alicia had taken a marketing position in a small company which had never had a marketing function or individual before. She explained segmentation to the owner of the firm, and the owner asked Alicia to come up with as many segment variables as possible using behavioral segmentation. Alicia argued for fewer segment variable as it makes the process less complicated and is generally preferred as long as the fewer variables allow for accurate and meaningful categorization and
A) no other segmentation approaches are used.
B) competitors and industry standards use fewer variables.
C) there are clear distinctions among different customer groups.
D) adequate research can support the choices.
Correct Answer:
Verified
Q60: Judith has invented a cellphone battery that
Q61: Which of the following is NOT one
Q62: Matt had a passion for antique tools
Q63: It is important to identify which consumers
Q64: Selecting a segmentation approach is a tough
Q66: Justin has a bookstore, both online and
Q67: Stephanie has been segmenting the market to
Q68: Once the segments have been identified using
Q69: Alejandro has created a line of small
Q70: Differentiated marketing is also known as
A) micromarketing.
B)
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