Market Segmentation, Targeting and Positioning Quiz
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Questions and Answers

What are the three main activities of target marketing?

  • Segmenting, targeting, positioning (correct)
  • Identifying, promoting, pricing
  • Analyzing, forecasting, strategizing
  • Producing, distributing, advertising
  • Which step of target marketing involves evaluating each market segment's attractiveness and selecting one or more segments to enter?

  • Dividing the market
  • Market Segmentation
  • Market Positioning
  • Target Marketing (correct)
  • What does market segmentation refer to?

  • Dividing the market into distinct groups with distinct needs (correct)
  • Pricing strategy for products
  • Promoting a product
  • Producing a new product
  • What is the definition of market positioning?

    <p>Arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers</p> Signup and view all the answers

    Which step of target marketing involves dividing a market into distinct groups with distinct needs, characteristics, or behavior who might require separate products or marketing mixes?

    <p>Market Segmentation</p> Signup and view all the answers

    Which variable is commonly used to segment markets based on age groups?

    <p>Generation</p> Signup and view all the answers

    In which market is gender segmentation commonly used?

    <p>Cosmetics</p> Signup and view all the answers

    Which demographic factor influences a consumer's buying power and style of living?

    <p>Income</p> Signup and view all the answers

    Which variable is used to segment markets based on the number of persons in the household and marital status?

    <p>Family lifecycle</p> Signup and view all the answers

    In which market is religious segmentation commonly observed?

    <p>Food</p> Signup and view all the answers

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