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Identifying Market Segments and Targets

The effective segmentation criteria does not include _________?

July 17, 2022October 3, 2021 by admin
The effective segmentation criteria does not include _________?

A. measureable
B. accessible and substantial
C. actionable and differential
D. loyalty and switching patterns

Categories Identifying Market Segments and Targets, Marketing Mcqs

When all the customers have same preferences, the marketing strategy is classified as ___________?

July 17, 2022October 3, 2021 by admin
When all the customers have same preferences, the marketing strategy is classified as ___________?

A. mass marketing
B. niche marketing
C. individual marketing
D. profitability marketing

Categories Identifying Market Segments and Targets, Marketing Mcqs

The marketing strategy in which the firm with superior image and sales to the large number of customers is classified as __________?

July 17, 2022October 3, 2021 by admin
The marketing strategy in which the firm with superior image and sales to the large number of customers is classified as __________?

A. differentiated marketing
B. undifferentiated marketing
C. mass marketing
D. both A and C

Categories Identifying Market Segments and Targets, Marketing Mcqs

The grouping of customer’s on the basis of similar needs in solving specific problem is considered as ________?

July 17, 2022October 3, 2021 by admin
The grouping of customer’s on the basis of similar needs in solving specific problem is considered as ________?

A. solution based segmentation
B. need based segmentation
C. segment identification
D. segment attractiveness

Categories Identifying Market Segments and Targets, Marketing Mcqs

The consumers who are used to buy only brand all the time are classified as _________?

July 17, 2022October 3, 2021 by admin
The consumers who are used to buy only brand all the time are classified as _________?

A. shifting loyal
B. hard-core loyal
C. split loyal
D. switchers

Categories Identifying Market Segments and Targets, Marketing Mcqs

The hard core loyal helps company to identify its product _________?

July 17, 2022October 3, 2021 by admin
The hard core loyal helps company to identify its product _________?

A. strengths
B. weaknesses
C. loyalty
D. competitor’s brands

Categories Identifying Market Segments and Targets, Marketing Mcqs

The VALS segmentation main framework dimensions are ________?

July 17, 2022October 3, 2021 by admin
The VALS segmentation main framework dimensions are ________?

A. consumer motivation
B. consumer resources
C. consumer solicitation
D. both A and B

Categories Identifying Market Segments and Targets, Marketing Mcqs

The individual marketing is also called ________?

July 17, 2022October 3, 2021 by admin
The individual marketing is also called ________?

A. segments of one
B. customized marketing
C. one to one marketing
D. all of the above

Categories Identifying Market Segments and Targets, Marketing Mcqs

The process of determining overall profitability of each segment on the basis of market growth and access is classified as __________?

July 17, 2022October 3, 2021 by admin
The process of determining overall profitability of each segment on the basis of market growth and access is classified as __________?

A. solution based segmentation
B. need based segmentation
C. segment identification
D. segment attractiveness

Categories Identifying Market Segments and Targets, Marketing Mcqs

When any firm sells its market offering too many different market segments, it is classified as _________?

July 17, 2022October 3, 2021 by admin
When any firm sells its market offering too many different market segments, it is classified as _________?

A. product specialization
B. market specialization
C. single product concentration
D. mass customization

Categories Identifying Market Segments and Targets, Marketing Mcqs
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