EBK MARKETING
9th Edition
ISBN: 9780134292786
Author: Stuart
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Question
Chapter 7, Problem 8QA
Summary Introduction
To discuss: The criteria used by the marketers in determining whether a segment is a good candidate for targeting.
Introduction:
Market segmentation:It is defined as a process where the marketers divide the customer group into various segments that share important characteristics.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
List the criteria marketers use to determine whether asegment may be a good candidate for targeting.
What factor of the targeting process is at work when a marketer ensures that the target market is appropriate for what the organization is and wants to be as defined in its mission statement?
strategic fit
cultural awareness
organizational fit
segment harmony
growth potential
You have been asked to evaluate the attractiveness of a group ofidentified potential market segments. What criteria will you use toevaluate those segments? Why are these appropriate criteria?
Knowledge Booster
Similar questions
- Why do you think it is important to use market (customer) Targeting? Explain your answer.arrow_forwardFocused or Concentrated as well as, Differentiated and Undifferentiated are not among the alternative market segmentation strategies. Select one: True Falsearrow_forwardDoes the product or brand perform better than the alternatives on the key set of evaluative criteria used by this segment?arrow_forward
- Describe the process of identifying a target population and selecting a sampling frame.arrow_forwardIdentify the key segments of relevance for the brand using all segmentation approaches. Justify the segments that you would target. Determine the positioning strategy for the brand for selected target segments and using the 7Ps framework and a model of your choice, make 2 recommendations for the brand. Explain your thinking via the use of the model.arrow_forwardAnalyze Jetblue marketing strategy; identifying different level of segmentation, targeting strategy and positioning one as well. Highlighting its positioning from its customer WOMarrow_forward
- What are the different variables in market segmentation is used by Kenny Rogers Roasters?arrow_forwardAfter a company has defined its market segments, it can entre only one segment Select one: True Falsearrow_forwardOne of the most likely reasons that many large consumer oriented firms use differentiated target segmentation is because:arrow_forward
- Which of the following would most likely benefit from being categorized as segmentation by product usage? Protection services Fast food restaurant Silicon Valley Dairy farmers.arrow_forwardKelvin analyzes customer desire and how they use products in his cosmetics store to better serve them by using which of the following? Select one: A. Behavioural segmentation B. Psychographic segmentation C. Geographic segmentation D. Demographic segmentationarrow_forwardIf a company selling household cleaners identified four market segments namely consumers who want a multi-purpose cleaner; customers who want an anti-bacterial cleaner; customers who wants a stain-removing cleaner and customers who wants a nice-smelling cleaner. Which segmentation base is used by this company? O 1) Geographic segmentation 2) Demographic segmentation 3) Behavioural segmentation 4) Psychographic segmentationarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage LearningMarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational Publishing
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing