Segmentation, Targeting & Positioning

Flashcard
•
Education, Business
•
University
•
Hard
Madathiammal Karuppiah
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24 questions
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1.
FLASHCARD QUESTION
Front
Reasons why marketers can't appeal to the same buyers EXCEPT:
Back
buyers have same personalities and lifestyles.
2.
FLASHCARD QUESTION
Front
A set of buyers sharing common needs or characteristics that the company decides to serve.
Back
target market
3.
FLASHCARD QUESTION
Front
The set of all actual and potential buyers of a product or service.
Back
market
4.
FLASHCARD QUESTION
Front
A business will offer the same products to all consumers and promote them in almost the same way.
Back
mass Marketing
5.
FLASHCARD QUESTION
Front
__________ involves marketer aiming product at a particular, often tiny, segment of a market.
Back
Niche marketing
6.
FLASHCARD QUESTION
Front
The act of dividing the markets into specific groups of consumers/buyers who share common needs and who might require separate products/and or marketing mixes.
Back
segmentation
7.
FLASHCARD QUESTION
Front
The act of developing measures of segment and selecting one or more of the market segments to enter
Back
targeting
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