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Kotler / Armstrong, Chapter 7

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Presentation on theme: "Kotler / Armstrong, Chapter 7"— Presentation transcript:

1 Kotler / Armstrong, Chapter 7
What is the first step in target marketing? market positioning market segmentation target marketing none of the above

2 Kotler / Armstrong, Chapter 7
What is the first step in target marketing? market positioning market segmentation target marketing none of the above

3 Kotler / Armstrong, Chapter 7
Which of the following steps of target marketing takes into account competitors’ offerings to the market? market positioning market segmentation market targeting all of the above

4 Kotler / Armstrong, Chapter 7
Which of the following steps of target marketing takes into account competitors’ offerings to the market? market positioning market segmentation market targeting all of the above

5 Kotler / Armstrong, Chapter 7
Which of the following is not a way to segment consumer markets? geographic psychographic demographic derived demand

6 Kotler / Armstrong, Chapter 7
Which of the following is not a way to segment consumer markets? geographic psychographic demographic derived demand

7 Kotler / Armstrong, Chapter 7
Dividing a market based on consumer attitude, use, or response to a product is called _________ segmentation. occasion psychographic behavioral market

8 Kotler / Armstrong, Chapter 7
Dividing a market based on consumer attitude, use, or response to a product is called _________ segmentation. occasion psychographic behavioral market

9 Kotler / Armstrong, Chapter 7
A marketer selling different offerings in different communities would be using _____ segmentation. geographic psychographic demographic behavioral

10 Kotler / Armstrong, Chapter 7
A marketer selling different offerings in different communities would be using _____ segmentation. geographic psychographic demographic behavioral

11 Kotler / Armstrong, Chapter 7
Marketers selling luxury cars often use income as a segmenting variable. Income is one component of _____ segmentation. geographic psychographic demographic behavioral

12 Kotler / Armstrong, Chapter 7
Marketers selling luxury cars often use income as a segmenting variable. Income is one component of _____ segmentation. geographic psychographic demographic behavioral

13 Kotler / Armstrong, Chapter 7
Dividing a market into different groups based on social class, lifestyle, or personality characteristics is called psychographic segmentation. true false

14 Kotler / Armstrong, Chapter 7
Dividing a market into different groups based on social class, lifestyle, or personality characteristics is called psychographic segmentation. true false

15 Kotler / Armstrong, Chapter 7
Many marketers believe that _____ variables are the best starting point for building market segments. geographic psychographic demographic behavioral

16 Kotler / Armstrong, Chapter 7
Many marketers believe that _____ variables are the best starting point for building market segments. geographic psychographic demographic behavioral

17 Kotler / Armstrong, Chapter 7
Intermarket segmentation is forming segments of consumers who have similar needs and buying behavior but are living in different countries. true false

18 Kotler / Armstrong, Chapter 7
Intermarket segmentation is forming segments of consumers who have similar needs and buying behavior but are living in different countries. true false

19 Kotler / Armstrong, Chapter 7
A customer’s loyalty status to a brand is a method of segmentation. true false

20 Kotler / Armstrong, Chapter 7
A customer’s loyalty status to a brand is a method of segmentation. true false

21 Kotler / Armstrong, Chapter 7
Mercedes Benz targets the world’s well-to-do and IKEA targets the aspiring global middle class. These companies are involved with _______ segmentation. positioning differentiation intermarket lifecycle

22 Kotler / Armstrong, Chapter 7
Mercedes Benz targets the world’s well-to-do and IKEA targets the aspiring global middle class. These companies are involved with _______ segmentation. positioning differentiation intermarket lifecycle

23 Kotler / Armstrong, Chapter 7
In order to be useful, market segments need to be which of the following? differentiable accessible substantial all of the above

24 Kotler / Armstrong, Chapter 7
In order to be useful, market segments need to be which of the following? differentiable accessible substantial all of the above

25 Kotler / Armstrong, Chapter 7
Which of the following structural factors is not related to a segment’s attractiveness? the presence of strong competitors in the segment the existence of potential substitute products the lack of raw materials a number of powerful suppliers

26 Kotler / Armstrong, Chapter 7
Which of the following structural factors is not related to a segment’s attractiveness? the presence of strong competitors in the segment the existence of potential substitute products the lack of raw materials a number of powerful suppliers

27 Kotler / Armstrong, Chapter 7
When using a(n) _____ marketing (mass-marketing) strategy, a firm decides to ignore market segment differences and target the whole market with one offer. differentiated undifferentiated positioning segmentation

28 Kotler / Armstrong, Chapter 7
When using a(n) _____ marketing (mass-marketing) strategy, a firm decides to ignore market segment differences and target the whole market with one offer. differentiated undifferentiated positioning segmentation

29 Kotler / Armstrong, Chapter 7
Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches. true false

30 Kotler / Armstrong, Chapter 7
Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches. true false

31 Kotler / Armstrong, Chapter 7
This type of micromarketing is also known as one-to-one marketing or mass customization. local marketing tailored marketing niche marketing individual marketing

32 Kotler / Armstrong, Chapter 7
This type of micromarketing is also known as one-to-one marketing or mass customization. local marketing tailored marketing niche marketing individual marketing

33 Kotler / Armstrong, Chapter 7
If a beer manufacturer were to place a commercial on a TV show that was predominantly viewed by children, it could be considered using _____. socially irresponsible targeting socially responsible targeting adult targeting niche targeting

34 Kotler / Armstrong, Chapter 7
If a beer manufacturer were to place a commercial on a TV show that was predominantly viewed by children, it could be considered using _____. socially irresponsible targeting socially responsible targeting adult targeting niche targeting

35 Kotler / Armstrong, Chapter 7
A product’s _____ is the way the product is defined by consumers on important attributes relative to the competition. image equity position value

36 Kotler / Armstrong, Chapter 7
A product’s _____ is the way the product is defined by consumers on important attributes relative to the competition. image equity position value

37 Kotler / Armstrong, Chapter 7
A firm that practices _____ differentiation gains competitive advantage by the way it designs its channel coverage. services product people channel

38 Kotler / Armstrong, Chapter 7
A firm that practices _____ differentiation gains competitive advantage by the way it designs its channel coverage. services product people channel

39 Kotler / Armstrong, Chapter 7
Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches. true false

40 Kotler / Armstrong, Chapter 7
Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches. true false


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