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Questions

1. A bicycle repair company conducted segmentation research and then targeted their direct mail coupons for a first bike tune-up to that identified customer segment. What basic question did targeting and segmentation answer for the company?

B) How can I improve my product?

C) Who am I trying to reach?

Correct Answer

C) Who am I trying to reach?

2. What type of segmentation criteria are included in demographic segmentation?

correct answer

3. HandMaster sells garden gloves and decided to conduct market segmentation to better understand its customers and identify new markets. The first step it took was to identify the total market for its gloves. Next it conducted focus groups and store demonstrations to collect more detailed data. However, HandMaster forgot one important step. What was it?

correct answer

4. If the company Target is marketing the same way to an entire market, trying to reach the largest audience possible, which targeting strategy is it using?

correct answer

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  • Self Check: Segmentation and Targeting Rationale. Provided by: Lumen Learning. LicenseCC BY: Attribution
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  • Self Check: Common Segmentation Approaches. Provided by: Lumen Learning. LicenseCC BY: Attribution
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  • Self Check: Segmentation Decisions. Provided by: Lumen Learning. LicenseCC BY: Attribution
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  • Self Check: Targeting and Marketing Mix. Provided by: Lumen Learning. LicenseCC BY: Attribution