Exam 4: Focusing Marketing Strategy With Segmentation and Positioning

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A segmenter is more likely than a combiner to really satisfy a target market and build such a close relationship with customers that it faces no real competition.

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A detailed customer database, containing past purchases and other segmenting information, is used to focus marketing efforts on individual customers in a:

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Manufacturer, service provider, government agency, wholesaler, etc. are designations used to segment business and organizational markets according to _______________.

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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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Segmenters, in contrast to combiners:

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Differentiating the marketing mix is important because:

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"Positioning":

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Positioning analysis

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When PepsiCo asked its advertising agency to develop an advertising program for its Mountain Dew soft drink, it gave the agency a statement describing the age and fun-loving spirit of its target market and the one-of-a-kind citrus flavor of the new product, what type of statement was this?

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Ideally, product-markets should be described in terms of:

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A firm's "relevant market for finding opportunities" should:

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Which of the following possible segmenting dimensions is a "demographic" dimension?

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When a firm develops a marketing mix for teenage boys which is different from its marketing mix for teenage girls, which target market approach is it using?

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BEHAVIORAL (rather than DEMOGRAPHIC) segmenting dimensions include:

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"Positioning" means using a map to show where a firm's products are distributed geographically.

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A firm involved in international marketing should pay even more attention to segmenting than a firm that sells only in the United States.

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Marketing managers want market segments to have each of the following characteristics EXCEPT:

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The main difference between a generic market and a product-market is that:

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"Positioning" is a marketing management aid which refers to:

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CRM approaches are based on information from detailed customer databases.

(True/False)
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