Multiple Choice
Market segmentation is BEST described by which of the following statements?
A) Researching and preparing detailed profiles of distinct groups of buyers within the marketplace.
B) Evaluating the attractiveness of distinct groups of buyers and identifying the marketing strategies that are likely to be successful with each group.
C) Dividing a market into smaller segments of buyers with distinct characteristics that might require separate marketing strategies.
D) Dividing a population into smaller segments of buyers with distinct characteristics that might require separate marketing strategies.
E) Dividing a target market into smaller segments that are likely to purchase a given brand.
Correct Answer:

Verified
Correct Answer:
Verified
Q109: Market positioning is BEST described by which
Q110: Briefly explain how you might segment the
Q111: A firm targets one or more segments
Q112: _is a poor predictor of a person's
Q113: A form of segmentation that is especially
Q115: If marketing researchers are looking at benefits-
Q116: The iconic Australian spread, Vegemite, has used
Q117: The place a product occupies in the
Q118: Undifferentiated marketing tends to be most effective
Q119: Differentiated marketing is entered into in order