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Multisegment marketing

24/12/2020 Client: saad24vbs Deadline: 7 Days

C16V : Principles of Marketing


When a company calculates __________, the company looks at how much profit it expects to make from a particular customer, including each purchase he or she will make from the company now and in the future.


customer lifetime value


customer relationship management


utility


the exchange function


By definition, a(n) __________ is a community, nation, or group that shares common traditions, institutions, activities, and interests.


market


society


environment


marketplace


It is easiest for marketers to create an emotional connection between a consumer and a(n) __________ product.


approach


augmented


core


avoidance


Information collected from government publications is an example of __________ data.


primary


secondary


observational


experimental


A __________ is a promise to deliver specific benefits associated with products or services to consumers.


service


brand


license


patent


Which type of segmentation is MOST related to the use of the word when, such as when consumers get the idea to buy, when they actually make their purchase, or when they use the purchased item?


Behavioral


Psychographic


Needs


Impulse


Multisegment marketing is likely to __________ and __________.


increase research costs; decrease shipping costs


decrease resale value; increase sales volume


increase sales potential; increase costs


increase sales potential, decrease costs


Demand would MOST likely be inelastic for which of the following?


Lamb chops and T-bone steaks


Gourmet cheese


Basic necessities


Luxury watches


Financial services provider USAA sends materials about teaching teenagers how to drive safely to USAA customers who have children approaching driving eligibility age. USAA is using __________ information from a customer database to determine which customers should receive the materials.


demographic


geographic


psychographic


behavioral


Some television shows have shown actors drinking a cup of Starbucks coffee. In these instances, Starbucks has chosen __________ as a marketing tool.


networking


direct marketing


broadcast advertising


branded entertainment



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