Which of the following statements regarding market segmentation is MOST ACCURATE?
A) Even if a firm finds only one potential market segment,it should take advantage of the opportunity,no matter what.
B) Market segmentation only works for large corporations because small businesses don't have the resources to engage in the process nor implement the resulting marketing actions.
C) Governments should not attempt market segmentation because there is no need for them to do so.
D) If a business firm goes to the trouble and expense of segmenting its markets,it expects to increase its sales,profits,and return on investment.
E) Market segmentation strategies work less than 25% of the time.However,for those instances that it does work,the benefits more than compensate for previous failures.
Correct Answer:
Verified
Q1: Small athletic shoe manufacturers such as Vans
Q4: Building open and honest relationships with communication
Q5: The Zappos segmentation strategy is based on
A)offering
Q6: Market segmentation involves aggregating prospective buyers into
Q6: To be identified as a market segment,its
Q7: Market segmentation involves aggregating prospective buyers into
Q8: The primary focus of Zappos' market segmentation
Q9: Market segments refer to
A)the relatively heterogeneous groups
Q11: Market segmentation stresses _ and relating them
Q18: A basic test of the usefulness of
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