Marketing Strategies
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Questions and Answers

Which segmentation variable is most effective in dividing a market based on location?

  • Psychographic segmentation
  • Behavioral segmentation
  • Geographic segmentation (correct)
  • Demographic segmentation
  • What is the primary goal of psychographic segmentation?

  • To separate customers based on their product knowledge
  • To separate customers based on their purchase patterns
  • To separate customers based on their lifestyle and attitude (correct)
  • To separate customers based on their age and gender
  • Which segment is considered justifiable and not a waste of resources?

  • Differentiable
  • Measurable
  • Accessible
  • Substantial (correct)
  • What is the main advantage of using demographic segmentation?

    <p>Information is easy to obtain</p> Signup and view all the answers

    What is the purpose of behavioral segmentation?

    <p>To divide customers based on their behavior towards a brand</p> Signup and view all the answers

    What is the primary benefit of market segmentation?

    <p>To identify which marketing approach is best to use</p> Signup and view all the answers

    What is the main criterion for effective segmentation that ensures customers can be reached easily through promotion?

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

    Target marketing strategies are used to choose which of the following?

    <p>A specific segment to serve</p> Signup and view all the answers

    Which segmentation variable is most effective in identifying customers based on their personalities?

    <p>Psychographic segmentation</p> Signup and view all the answers

    What is the main benefit of using target marketing strategies?

    <p>To tailor the marketing approach to a specific segment</p> Signup and view all the answers

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