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WorksheetsMarket Concepts and Segmentation
Total questions: 20
Worksheet time: 10mins
The foundation of a marketing plan is also known as:
Situational Analysis
Observation
Empirical Research
Experimental Research
The marketing mix is also known as:
Market Functions
Market Segmentation
The Four P's of Marketing
Market Concept
Which is not a Market Segmentation
Geographic
Infographic
Behavioral
Psychographic
True or False: Brand loyalty impacts buying behavior.
True
Falso
An example of demographics is...
The Tri-State Area
Product Usage
Gender
Active Lifestyle
All the potential customers that have common wants and needs and are willing to buy is the definition for:
Market
Product
Promotion
Place
Which is not part of the The 4 P's of Marketing?
Price
Possession
Product
Place
True or False: Psychographics can be what people value, their lifestyles, their hobies, and attitudes.
True
False
Focusing all marketing decisions on a very specific group of people you want to reach is known as:
Target Marketing
Personal Sales
Marketing Mix
Market Research
True or False: Situational analysis does not help you identify your target market.
True
False
Behavioral Segmentation can include:
Age
Product Usage
Hobbies
Lifestyles
Choosing where to sell a product is an example of what component of the marketing mix?
Price
Promotion
Placement
Product
True or False: Deciding how you will advertise a product is a promotion strategy.
True
False
Opportunities and threats are...
External Threat
Internal Threat
True or False: Values are an example of a Psychographic Segmentation
True
False
SWOT stands for Strengths, Weakness, Opportunity, Threats.
True
False
An example of Geographic Segmentation is...
Income
Household Size
Southeast Region
Education
In order to make a profit, a marketer must meet the _________ of a consumer.
Price
Demands
Wants and Needs
Payment Methods
True or False: A successful marketer does not let demand impact the price of a product
True
False
Market Segmentation can help marketers identify ___________.
Target Markets
Social Corporate Responsibility
Promotion Strategies
All of the Above
