Positioning statements identify the main reasons the target market buys the product and what sets it apart in the market.
Correct Answer:
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Q2: A segmented approach cannot be followed by
Q3: Clusters will identify the segments that exist
Q4: Marketing segmentation involves aggregating products into groups.
Q5: Repositioning refers to visual representations of how
Q6: Product positioning refers to the impression of
Q8: Demographic variables are central to understanding the
Q9: Psychographic information is generally based on the
Q10: Psychographics looks at why consumers buy a
Q11: PediaSure is an energy drink created for
Q12: The concept of market segmentation and targeting
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