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Identifying Market Segments and Targets

The successful and goal oriented people who focus on family and career are classified as ………?

A. motivators
B. non-motivators
C. achievers
D. non-thinkers

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The set of segments which share some profitable similarities are classified as ……..?

A. micro segment
B. niche segments
C. super segments
D. similar segments

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The split loyal can show the company’s ………..?

A. loyalty
B. competitor’s brands
C. strengths
D. weaknesses

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The group of people with traditional values and like to buy brands they have already heard is classified as ………?

A. non-traditionalist
B. traditionalist
C. non-enthusiast
D. enthusiast

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According to VALS framework, the consumer’s dimension groups with lower resources does not include ……..?

A. makers
B. survivors
C. thinkers
D. believers

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The step of creating storyboard of each segment for testing the profitability of each segment is classified as ……….?

A. acid test
B. profitability test
C. product positioning strategy
D. segment attractiveness

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The group of people who are self-sufficient and down-to-earth are considered as ………?

A. non-makers
B. non-destroyers
C. makers
D. destroyers

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The Company is able to respond customers by customizing market offering on one to one basis is classified as ………?

A. mass customization
B. individual empowerment
C. super segments
D. customaries

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The process of creating ‘Value Proposition’ is considered as ……….?

A. segment profitability
B. segment positioning
C. acid test segments
D. marketing mix

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The potential and attractive target market are classified as ……….?

A. traditionalist
B. savvy shoppers
C. overwhelmed
D. non-enthusiast

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