Exam 8: Identifying Market Segments and Targets

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An attractive niche consists of customers having a distinct set of needs.

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A local service company has decided to segment its market based on occupation;therefore,it has chosen a form of demographic segmentation for its approach.

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What is customer cloning and how is it used?

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An undifferentiated marketing approach to full market coverage designs a marketing program for a product with a superior image that can be sold to the broadest number of buyers.

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