When choosing a target marketing strategy, many factors need to be considered. Which of the following does your text mention as important?
A)company natural resources
B)unlimited resources
C)product life-cycle stage
D)product cost
E)your marketing strategies

Question

Quizplus · Accepted Answer

The product life-cycle stage is an important factor to consider when choosing a target marketing strategy because different strategies will be appropriate depending on whether the product is new and innovative, established and in its maturity stage, or in decline. Companies will need to adjust their marketing approach accordingly to maximize sales and profitability.

When Choosing a Target Marketing Strategy, Many Factors Need to Be