A. shopping services
B. less sought services
C. convenient products
D. specialty products
Pricing Capturing Customer Value
The products that customers buy after careful comparison on price and quality are called?
A. specialty products
B. less specialty products
C. shopping products
D. unsought products
The segmentation of market in groups having similar needs and wants is known as?
A. intermarket segmentation
B. intramarket segmentation
C. income segmentation
D. psychographic segmentation
The sustainable marketing principle which states that company should organize and view its marketing mix activities by keeping customer view in mind is called?
A. consumer oriented marketing
B. customer value marketing
C. innovative marketing
D. inbound ⁄ outbound marketing
In marketing, the potential customer’s familiarity with advertising creates?
A. brand familiarity
B. brand conviction
C. both a and b
D. none of above
The less involved consumer buying behavior in which customers perceive few differences between brands is called?
A. complex buoying behavior
B. variety seeking buying behavior
C. dissonance reducing buying behavior
D. habitual buying behavior
The product support services are part of?
A. actual product
B. augmented product
C. differentiation
D. competitive strategy
The market segmentation done on basis of ‘occupation’ and ‘education’ of customers is an example of?
A. geographic segmentation
B. demographic segmentation
C. psychographic segmentation
D. behavioral segmentation
The market which is segmented on the basis of age and gender of customers is classified as?
A. geographic segmentation
B. demographic segmentation
C. psychographic segmentation
D. behavioral segmentation
The market segmented on the basis of the degree level such as ‘high school graduates and college graduates’ is classified as?
A. geographic segmentation
B. demographic segmentation
C. psychographic segmentation
D. behavioral segmentation