A family owns and operates two retail stores,one in Newtown and one in Oldtown.Although the towns are only 40 miles apart,the consumers at both stores are very different demographically.The owners alter the product offerings between both locations in an effort to cater to both demographic groups.This is an example of ________.
A)local marketing
B)psychographic segmentation
C)micromarketing
D)demographic segmentation
E)both A and C

Question

Quizplus · Accepted Answer

This scenario is an example of both local marketing and micromarketing, as the family business tailors its product offerings to meet the specific needs and preferences of the local consumer demographics in Newtown and Oldtown.

A Family Owns and Operates Two Retail Stores,one in Newtown