Why do marketers segment their markets and what are the basic criteria for doing so successfully?
A) Segments must be composed of people with different product needs.
B) Segments must be composed of people with different characteristics.
C) Segments must be large enough to warrant developing and maintaining a special marketing mix.
D) Segments must be divided according to the North American Industry Classification System.
Correct Answer:
Verified
Q1: The 80/20 principle holds that 20 percent
Q3: Terra Corp.produces a wide range of furniture,such
Q4: A market is people or organizations with
Q5: Market segmentation helps decision makers to more
Q6: Which of the following is true of
Q7: The process of defining,dividing,and subdividing a large
Q8: Which statement is true of market segmentation?
A)
Q9: A firm which produces replicas of famous
Q10: Based on age segmentation of a target
Q11: The key tool in the marketing strategy
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