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2.6 - Target Market & Market Segmentation Flashcards | StudBud
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2.6 - Target Market & Market Segmentation
2.6 - Target Market & Market Segmentation
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1
If Starbucks launches a new line of healthy juice, what is their target market?
Customers who visit cafes and are non-caffeine drinkers
people who enjoy staying in a cafe
coffee drinkers
Stakeholders of Starbucks
2
Who is(are) Dockers' target market(s)?
executive business professionals
construction workers
15-25 year old men
15-24 year old women
3
To buy a product, customers in a market must first
locate the product
be willing to buy the product
learn the product's features
make sure the product is on sale
4
The specific group of people a business aims its marketing efforts towards.
Marketing Concept
Marketing Mix
Marketing Segmentation
Target Market
5
Mass marketing is not as precise as ____________marketing.
event
promotional
direct
segment
6
A bbq sauce company is marketing a new sauce that includes spices found in Asian cuisine.
product benefits
demographics
psychographics
geographics
7
Which of the following is most likely mass marketed?
SAT Prep Books
Napkins
Mercedes Benz
Mascara
8
The same person can be included in more than one
target market
generation
income level
religion
9
A combination of geographic, demographic and psychographic data can create a customer
group
profile
market
tarket
10
Who is(are) Lucky Charm's target market(s)?
Children
Farmers
Health conscious adults
Universities
11
When marketers sort customers psychographically, they divide them by
lifestyle habits
likable traits
level of education
loyalty to a brand
12
Marketers divide their markets by grouping customers according to their
differences
occupatioons
similarities
hobbies
13
Which of the following would NOT be part of the target market for the Apple Watch?
Business Executives
Working Adults (25-45)
Senior Citizens
Techies
14
Which of the following purchases would most likely be made with discretionary income?
a three bedroom house
magazine subscriptions
underwear and socks
fruits and vegetables
15
Which of the following is an example of market segmentation by life stage:
college educated people
married adults
person with a high income
middle aged individuals
16
Who is(are) Walmart's target market(s)
restaurant owners
households wanting luxury
budget-conscious households
children
17
Information about the values and attitudes that shape consumers' lifestyles is called
product benefits
demographics
psychographics
geographics
18
Market segmentation is about dividing the market into _____________ groups.
identical
diverse
general
specific
19
Geographic segmentation is dividing a market by where customers are
born
educated
living
working
20
Which factor does not belong in Psycho-graphic segmentation?
Marital Status
Social Class
Personality
Lifestyle
21
How would LWHS DECA market its upcoming DECA Night geographically?
Global
State-wide
National
Local