menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Advertising and Integrated Brand Promotion Study Set 2
  4. Exam
    Exam 6: Market Segmentation Positioning and the Value Proposition
  5. Question
    One Drawback of Niche Marketing Is That a Company Often
Solved

One Drawback of Niche Marketing Is That a Company Often

Question 67

Question 67

True/False

One drawback of niche marketing is that a company often has to reduce the price of its product due to the smaller volume of sales it can expect.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Describe the concept known as niche marketing.What

Q4: Which of the following forms the final

Q62: Which of the following is true about

Q64: A brand's value proposition is a statement

Q65: What is a market niche?<br>A)A small group

Q66: Demographic segmentation is used in selecting target

Q68: In the world of advertising, markets are

Q69: The one key characteristic that all types

Q71: What is the first step in STP

Q72: STP marketing includes three factors-identifying, positioning, and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines