Multiple Choice
Which type of market segmentation is generally used by marketers who sell luxury products targeted to the affluent segments of a population?
A) gender
B) occasion
C) usage rate
D) benefits sought
E) income
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: When firms use symbols, colours, or characters
Q17: When a company interacts one-on-one with large
Q18: Lilly's, a furniture retailer, sells low-end furniture
Q19: Markets can be segmented into groups of
Q20: The marketing manager of Refresh Inc., a
Q22: Companies are likely to gain through speedy,
Q23: Marketing the same product to a huge
Q24: Compare and contrast the four major strategies
Q26: Micromarketing includes global marketing and standardized marketing.
Q31: Describe a few ways in which a