Clustering techniques applied to segmenting markets
A) usually require computers to group people based on data from market research.
B) remove the need for managerial judgment.
C) eliminate the need for marketing managers to specify in advance what dimensions might be relevant for grouping consumers.
D) affect the customer's purchase of specific product or brand.
E) include the specialty markets that the segmenters are working with.
Correct Answer:
Verified
Q235: A variant of the clustering approach relies
Q236: Customer relationship management (CRM)data is generally used
Q237: Clustering techniques
A)help sellers fine-tune the marketing effort
Q240: When moving to international markets,some firms insist
Q241: Segmenting international markets can be more difficult
Q241: The benefits of focusing on a specific
Q242: Which of the following statements about positioning
Q244: A company provides its advertising agency with
Q280: When a customer orders a book at
Q283: Positioning analysis
A) helps managers understand the actual
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