Exam 4: Focusing Marketing Strategy With Segmentation and Positioning

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A variant of the clustering approach relies on ________,where the seller adjusts the marketing effort with information from a database with customer information.

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The main difference between a "product-market" and a "generic market" is whether customer needs are similar or different.

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Sometimes marketing managers use a positioning statement to provide focus for a marketing mix.

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When Hallmark stores offer a product line that includes everything you need to have a Spiderman-themed birthday party,what is the primary segmenting dimension that Hallmark is using?

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"For (our target market), (our brand)of all (product type)delivers (key benefit or point of differentiation)because (our brand)is (reasons to believe)." This is

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Segmenters,in contrast to combiners,

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A ________ is a market with very similar needs and sellers offering various close substitute ways of satisfying those needs.

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Which of the following is most likely to happen in a generic market?

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Customer relationship management (CRM)helps consumer marketers

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Target market dimensions should influence all the following strategy decisions EXCEPT

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Planning marketing strategies for international markets

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One basic difference between a generic market and a product-market is seen in

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How is "segmenting" different from "combining"?

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Compared to a product-market,a generic market

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The marketing management team for Dada Motors brainstormed a variety of solutions to the problem of how to transport people in the world.This process came during the ________ step in the market segmentation process.

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Which of the following is a consumer market demographic dimension?

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The definition of a product-market includes a product type,while the definition of a generic market does not include a product type.

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A product-market is a market with broadly similar needs and sellers offering various,often diverse,ways of satisfying those needs.

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Which of the following is the best example of a generic market?

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Marketers segment broad markets into smaller target segments based on a variety of

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