Micromarketing involves:
A) a market segmentation approach in which firms focus precise marketing efforts on very small geographic markets.
B) developing a very small marketing mix that will effectively meet the needs of only a small segment of the market.
C) marketing efforts that are tightly controlled by high-level executives in the organisation.
D) segmenting the market to meet the needs of individuals with the same motives and personality attributes.
E) creating advertising that is so specific to a certain type of individual that few people outside that micromarket will respond to the message.
Correct Answer:
Verified
Q40: Imagine Bic manufactures and sells only one
Q41: Unilever markets Omo Blackwash liquid to singles
Q42: Imagine Designer Kidz is a home-based business
Q44: Which of the following is not one
Q45: Which of the following is true with
Q46: Segmentation variables are usually grouped into four
Q47: Subaru is marketing a new crossover vehicle
Q48: After a firm has identified an appropriate
Q63: The purpose of market segmentation is to
A)
Q75: The first step in the target market
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents