Which of the following is a group of consumers with similar needs and a group of retailers using a similar format to satisfy those consumers' needs?

Question

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This best describes a retail market, which is a group of consumers with similar needs and a group of retailers using a similar format to satisfy those needs. A marketing format refers to the overall strategy or approach a retailer takes to meet the needs of its target market. Retail mix refers to the combination of factors (such as product assortment, pricing, promotion, and location) that a retailer uses to satisfy its target market. Target audience refers to the specific group of consumers a retailer aims to reach with its marketing messages. Target market refers to the broader group of consumers with similar needs and characteristics that a retailer aims to serve.

Which of the Following Is a Group of Consumers with Similar