This targeting approach recognizes that there are several market segments to target, each being attractive to the marketing organization. To exploit them, a marketing strategy is developed for each segment. This approach is referred to as:
A) Undifferentiated targeting approach
B) Differentiated targeting approach
C) Concentrated targeting approach
D) Customized targeting approach
Correct Answer:
Verified
Q1: The method by which whole markets are
Q2: The build-up method of market segmentation:
A) Considers
Q3: To segment consumer good and service markets
Q4: Ultimately, managerial discretion and judgment determine which
Q6: Organizational characteristics concern the characteristics of buyers
Q7: Psychographic approaches rely on the analysis of
Q8: In order for market segmentation to be
Q9: A differentiated targeting strategy suits a firm
Q10: A perceptual map provides a valuable tool
Q11: Heritage and tradition is an example of
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