Multiple Choice
Bubbly Inc.has decided to introduce a new line of energy drinks.It does not have the financial resources to widely promote its new product line,but it can make a real impact if it carefully chooses a specific market segment.The CEO of Bubbly thinks the best idea is to market the product to young males,but the VP of Marketing thinks that targeting female professionals is much more likely to lead to success for the new product line.If the following facts were known,which one would weaken the CEO's position?
A) Surveys show that young males have strong brand loyalty to the market leader in energy drinks.
B) On many lifestyle issues,young males are opinion leaders.
C) Companies that sell clothing usually segment markets more carefully than beverage companies do.
D) Targeting a certain market segement does not guarantee success,even if effective positioning is accomplished.
E) Young males spend a higher percentage of their income on discretionary purchases than other demographic groups do.
Correct Answer:

Verified
Correct Answer:
Verified
Q76: All of the following statements concerning organizational
Q80: What are the major external factors that
Q82: Segmentation is a strategy for analyzing consumers,not
Q85: Value is determined by comparing a product's
Q147: As Bill enters the store, he notices
Q186: A car like the Ford Focus tends
Q196: Needing some new clothes, you ask one
Q234: Hostess Frito-Lay, the maker of Doritos, spent
Q240: When you obtain your first job after
Q293: What is a target market? Briefly explain