Reference no: EM132300688
1. In general, which basis of segmentation is used most often by companies?
Usage rate
Psychographic
Benefits sought
Socioeconomic
Demographic
2. Why doesn't “me too” positioning work as an effective positioning strategy?
Competitors may have a lower cost structure.
Competitors are just too difficult to copy.
Customers do not want consistency.
Imitation is the sincerest form of flattery.
It does not give consumers a reason to change.
3. Marketing managers are always looking for new ways to segment a market in order to:
Make their current targeting more effective.
Identify new opportunities.
Make their current positioning more effective.
Launch a flanking attack on competitors.
4. What is product positioning?
A careful analysis of cross tabulations.
Geopgrahic segmentation, often within major metropolitan areas.
The place a product occupies in the minds of consumers.
Shelf locations in mass retailers, grocery, and department stores.
The process to determine how to assign consumers into groups.
5. From a Marketing point of view, which basis of segmentation is most effective?
Demographic
Usage rate
Psychographic
Socioeconomic
Benefits sought