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Identifying Market Segments and Targets

The Company is able to respond customers by customizing market offering on one to one basis is classified as _________?

July 17, 2022October 3, 2021 by admin
The Company is able to respond customers by customizing market offering on one to one basis is classified as _________?

A. mass customization
B. individual empowerment
C. super segments
D. customaries

Categories Identifying Market Segments and Targets, Marketing Mcqs

The group of people who are self-sufficient and down-to-earth are considered as _________?

July 17, 2022October 3, 2021 by admin
The group of people who are self-sufficient and down-to-earth are considered as _________?

A. non-makers
B. non-destroyers
C. makers
D. destroyers

Categories Identifying Market Segments and Targets, Marketing Mcqs

The step of creating storyboard of each segment for testing the profitability of each segment is classified as __________?

July 17, 2022October 3, 2021 by admin
The step of creating storyboard of each segment for testing the profitability of each segment is classified as __________?

A. acid test
B. profitability test
C. product positioning strategy
D. segment attractiveness

Categories Identifying Market Segments and Targets, Marketing Mcqs

According to VALS framework, the consumer’s dimension groups with lower resources does not include ________?

July 18, 2022October 3, 2021 by admin
According to VALS framework, the consumer’s dimension groups with lower resources does not include ________?

A. makers
B. survivors
C. thinkers
D. believers

Categories Identifying Market Segments and Targets, Marketing Mcqs

The group of people with traditional values and like to buy brands they have already heard is classified as _________?

July 17, 2022October 3, 2021 by admin
The group of people with traditional values and like to buy brands they have already heard is classified as _________?

A. non-traditionalist
B. traditionalist
C. non-enthusiast
D. enthusiast

Categories Identifying Market Segments and Targets, Marketing Mcqs

The split loyal can show the company’s ___________?

July 17, 2022October 3, 2021 by admin
The split loyal can show the company’s ___________?

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

Categories Identifying Market Segments and Targets, Marketing Mcqs

The set of segments which share some profitable similarities are classified as ________?

July 17, 2022October 3, 2021 by admin
The set of segments which share some profitable similarities are classified as ________?

A. micro segment
B. niche segments
C. super segments
D. similar segments

Categories Identifying Market Segments and Targets, Marketing Mcqs

The successful and goal oriented people who focus on family and career are classified as _________?

July 17, 2022October 3, 2021 by admin
The successful and goal oriented people who focus on family and career are classified as _________?

A. motivators
B. non-motivators
C. achievers
D. non-thinkers

Categories Identifying Market Segments and Targets, Marketing Mcqs

The consumers who remain loyal to two or three brands are classified as _______?

July 17, 2022October 3, 2021 by admin
The consumers who remain loyal to two or three brands are classified as _______?

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

Categories Identifying Market Segments and Targets, Marketing Mcqs

The consumers who shift loyalty status from one brand to another are classified as ________?

July 17, 2022October 3, 2021 by admin
The consumers who shift loyalty status from one brand to another are classified as ________?

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

Categories Identifying Market Segments and Targets, Marketing Mcqs
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