Segmentation and Targeting in Marketing

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Questions and Answers

What is the purpose of targeting in marketing?

  • To develop tailored marketing strategies
  • To influence consumer behavior
  • To create a favorable brand image (correct)
  • To allocate resources more efficiently

Which targeting strategy involves tailoring marketing strategies for multiple segments?

  • Differentiated Marketing
  • Undifferentiated Marketing
  • Micromarketing (correct)
  • Concentrated Marketing

What is the primary focus of Concentrated Marketing (Niche Marketing)?

  • Targeting individual customers
  • Focusing on the entire market
  • Focusing on a single, well-defined segment (correct)
  • Tailoring marketing for multiple segments

How is Micromarketing different from other targeting strategies?

<p>It focuses on basic commodities (D)</p> Signup and view all the answers

What role does positioning play in marketing?

<p>Defining how a product is perceived relative to competitors (D)</p> Signup and view all the answers

Why is understanding the consumer decision-making process important for businesses?

<p>To influence consumer preferences (B)</p> Signup and view all the answers

What is the main purpose of market segmentation?

<p>To eliminate competition (C)</p> Signup and view all the answers

On what basis can a market be segmented?

<p>Political beliefs (D)</p> Signup and view all the answers

Which segmentation type involves dividing customers based on their purchasing behavior?

<p>Behavioral segmentation (A)</p> Signup and view all the answers

What is the goal of targeting in marketing?

<p>To promote all products in a market (D)</p> Signup and view all the answers

Which segmentation type involves dividing the market based on geographic location?

<p>Demographic segmentation (D)</p> Signup and view all the answers

Which segmentation type involves dividing the market based on consumers' technology usage?

<p>Technographic segmentation (C)</p> Signup and view all the answers

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