What is a financial Benefit to a business of using Market Segmentation?

By producing for different segments businesses are able to gain more revenue

Customers could be more loyal to a business as a product will feel tailored to them

Promotional material will not be wasted on those who product is not relevant to

Quiz

Market Segementation

Noah Swanson 4 Fragen 1.131 Aufrufe 3,7 (10 Bewertungen)

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1What is a financial Benefit to a business of using Market Segmentation?
1. ABy producing for different segments businesses are able to gain more revenue
2. BCustomers could be more loyal to a business as a product will feel tailored to them
3. CPromotional material will not be wasted on those who product is not relevant to
2When considering selling ice cream to select countries worldwide which segment group would be most appropriate?
1. ADemographic
2. BGeographic
3Selling bespoke suites is a mass market
1. ARichtig
2. BFalsch
4Businesses waste promotional resources by not targeting a select market segment
1. ARichtig
2. BFalsch

Beschreibung: A market segmentation quiz based on the Edexcel IGCSE Business Studies Syllabus
Autor: Noah Swanson
Sprache: English
Aufrufe: 1.131
Schlagwörter: edexceligcsebusiness marketingmarket segementationmarketsegmentationdemographicgeographicgcse
Bewertung: 3,7 von 5 · 10 Bewertungen
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