Family brands are the most effective aids in implementing market segmentation strategies.

Name: Family brands are the most effective aids in implementing market segmentation strategies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Family brands are not the most effective aids in implementing market segmentation strategies because they often target a broad audience rather than specific segments. Market segmentation typically requires tailored branding strategies to address the unique needs and preferences of different consumer groups.

Family Brands Are the Most Effective Aids in Implementing Market