Exam 9: Market Segmentation, Targeting, and Positioning

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Alka-Seltzer was made originally as a hangover remedy that cured the headache and settled the stomach.Today,you can buy Original Alka-Seltzer,Extra Strength Alka-Seltzer,Alka-Seltzer Morning Relief (for morning headaches and fatigue),and Alka-Seltzer Heartburn Relief.Each Alka-Seltzer product has a unique formulation to relieve a specific malady that makes them more specialized than competing products.The maker of Alka-Seltzer is using

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Procter & Gamble (P&G)decided to skip a generation of consumers when it began to market Old Spice deodorant.The target market consists of men aged 18 to 34 years old (Generation Y)who don't remember the Old Spice brand sold to their grandfathers (pre baby boomer)many years ago.P&G is using which type of segmentation variable?

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All of the following are criteria used for forming market segments EXCEPT:

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Chip-N-Dough Cookie Company will let you select cookies and put a photo of yourself on the tin.This is an example of

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Market segmentation helps business firms to respond more effectively to the wants of groups of potential buyers in order to

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During its market segmentation process for the Nike LeBron X basketball shoe,which sells for $200+ a pair,Nike decided to concentrate on affluent teens rather than members of high school basketball teams.This is an example of

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When a firm produces only a single product or service and attempts to sell it to two or more market segments,it avoids __________.

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