Alejandro has created a line of small and intense chocolates. He has found a way to give the user the satisfaction of a regular chocolate candy but with its small size, there are far fewer calories. He feels there are many potential customers. Would micromarketing would work well for his business? Why or why not?
A) Yes. Micromarketing is ideal for miniaturized products.
B) No. Micromarketing is for highly customized products with small segments.
C) Yes. Until the business can grow, micromarketing works until large scale is required.
D) No. Micromarketing is no longer practiced for consumer goods.
Correct Answer:
Verified
Q64: Selecting a segmentation approach is a tough
Q65: Alicia had taken a marketing position in
Q66: Justin has a bookstore, both online and
Q67: Stephanie has been segmenting the market to
Q68: Once the segments have been identified using
Q70: Differentiated marketing is also known as
A) micromarketing.
B)
Q71: Carly and Diane had worked out a
Q72: Which of the following is NOT one
Q73: Stuart is the owner of a small
Q74: If a market segment meets only four
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