
In terms of market segmentation, the usage segmentation approach offers each of the following advantages except:
A) a meaningful classification scheme based on actual behavior of customers.
B) ability to reduce a large volume of customer data to a few, concise clusters.
C) ability to measure the growth of each cluster and the migration of customers from one cluster to another.
D) ability to compare a firm's customers with customers from competing firms.
Correct Answer:
Verified
Q63: Geographic segmentation is especially useful for retailers
Q64: A market segment is a set of
Q65: A recent study revealed that women control
Q66: Demographics, or population characteristics, can be used
Q67: A market segment must be financially viable
Q69: When marketing to men, it is important
Q70: Target markets exist in two areas: current
Q71: Psychographics are patterns that reflect attitudes, interests,
Q72: Successful ethnic marketing is more than just
Q73: In ethnic marketing it is important to
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