Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
Which of the following statements about marketing metrics is NOT correct?
A) If the variance of consumer expenditures is relatively high, then share of wallet is better to measure loyalty than share of category requirement.
B)Market share provides information about how sales are distributed among customers.
C) Calculating market share and sales growth usually does not require individual customer data.
D)Market share is calculated across buyers and non-buyers, whereas share of wallet is calculated only among actual buyers.
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