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Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1. market positioning 2. market segmentation 3. target marketing 4. none of the above

Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

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Page 1: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

What is the first step in target marketing?

1. market positioning

2. market segmentation

3. target marketing

4. none of the above

Page 2: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

What is the first step in target marketing?

1. market positioning

2. market segmentation

3. target marketing

4. none of the above

Page 3: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Which of the following steps of target marketing takes into account competitors’ offerings to the market?

1. market positioning

2. market segmentation

3. market targeting

4. all of the above

Page 4: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Which of the following steps of target marketing takes into account competitors’ offerings to the market?

1. market positioning

2. market segmentation

3. market targeting

4. all of the above

Page 5: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Which of the following is not a way to segment consumer markets?

1. geographic

2. psychographic

3. demographic

4. derived demand

Page 6: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Which of the following is not a way to segment consumer markets?

1. geographic

2. psychographic

3. demographic

4. derived demand

Page 7: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Dividing a market based on consumer attitude, use, or response to a product is called _________ segmentation.

1. occasion

2. psychographic

3. behavioral

4. market

Page 8: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Dividing a market based on consumer attitude, use, or response to a product is called _________ segmentation.

1. occasion

2. psychographic

3. behavioral

4. market

Page 9: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A marketer selling different offerings in different communities would be using _____ segmentation.

1. geographic

2. psychographic

3. demographic

4. behavioral

Page 10: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A marketer selling different offerings in different communities would be using _____ segmentation.

1. geographic

2. psychographic

3. demographic

4. behavioral

Page 11: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Marketers selling luxury cars often use income as a segmenting variable. Income is one component of _____ segmentation.

1. geographic

2. psychographic

3. demographic

4. behavioral

Page 12: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Marketers selling luxury cars often use income as a segmenting variable. Income is one component of _____ segmentation.

1. geographic

2. psychographic

3. demographic

4. behavioral

Page 13: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Dividing a market into different groups based on social class, lifestyle, or personality characteristics is called psychographic segmentation.

1. true

2. false

Page 14: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Dividing a market into different groups based on social class, lifestyle, or personality characteristics is called psychographic segmentation.

1. true

2. false

Page 15: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Many marketers believe that _____ variables are the best starting point for building market segments.

1. geographic

2. psychographic

3. demographic

4. behavioral

Page 16: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Many marketers believe that _____ variables are the best starting point for building market segments.

1. geographic

2. psychographic

3. demographic

4. behavioral

Page 17: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Intermarket segmentation is forming segments of consumers who have similar needs and buying behavior but are living in different countries.

1. true

2. false

Page 18: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Intermarket segmentation is forming segments of consumers who have similar needs and buying behavior but are living in different countries.

1. true

2. false

Page 19: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A customer’s loyalty status to a brand is a method of segmentation.

1. true

2. false

Page 20: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A customer’s loyalty status to a brand is a method of segmentation.

1. true

2. false

Page 21: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Mercedes Benz targets the world’s well-to-do and IKEA targets the aspiring global middle class. These companies are involved with _______ segmentation.

1. positioning

2. differentiation

3. intermarket

4. lifecycle

Page 22: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Mercedes Benz targets the world’s well-to-do and IKEA targets the aspiring global middle class. These companies are involved with _______ segmentation.

1. positioning

2. differentiation

3. intermarket

4. lifecycle

Page 23: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

In order to be useful, market segments need to be which of the following?

1. differentiable

2. accessible

3. substantial

4. all of the above

Page 24: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

In order to be useful, market segments need to be which of the following?

1. differentiable

2. accessible

3. substantial

4. all of the above

Page 25: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Which of the following structural factors is not related to a segment’s attractiveness?

1. the presence of strong competitors in the segment

2. the existence of potential substitute products

3. the lack of raw materials

4. a number of powerful suppliers

Page 26: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Which of the following structural factors is not related to a segment’s attractiveness?

1. the presence of strong competitors in the segment

2. the existence of potential substitute products

3. the lack of raw materials

4. a number of powerful suppliers

Page 27: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

When using a(n) _____ marketing (mass-marketing) strategy, a firm decides to ignore market segment differences and target the whole market with one offer.

1. differentiated

2. undifferentiated

3. positioning

4. segmentation

Page 28: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

When using a(n) _____ marketing (mass-marketing) strategy, a firm decides to ignore market segment differences and target the whole market with one offer.

1. differentiated

2. undifferentiated

3. positioning

4. segmentation

Page 29: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches.

1. true

2. false

Page 30: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches.

1. true

2. false

Page 31: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

This type of micromarketing is also known as one-to-one marketing or mass customization.

1. local marketing

2. tailored marketing

3. niche marketing

4. individual marketing

Page 32: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

This type of micromarketing is also known as one-to-one marketing or mass customization.

1. local marketing

2. tailored marketing

3. niche marketing

4. individual marketing

Page 33: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

If a beer manufacturer were to place a commercial on a TV show that was predominantly viewed by children, it could be considered using _____.

1. socially irresponsible targeting

2. socially responsible targeting

3. adult targeting

4. niche targeting

Page 34: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

If a beer manufacturer were to place a commercial on a TV show that was predominantly viewed by children, it could be considered using _____.

1. socially irresponsible targeting

2. socially responsible targeting

3. adult targeting

4. niche targeting

Page 35: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A product’s _____ is the way the product is defined by consumers on important attributes relative to the competition.

1. image

2. equity

3. position

4. value

Page 36: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A product’s _____ is the way the product is defined by consumers on important attributes relative to the competition.

1. image

2. equity

3. position

4. value

Page 37: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A firm that practices _____ differentiation gains competitive advantage by the way it designs its channel coverage.

1. services

2. product

3. people

4. channel

Page 38: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

A firm that practices _____ differentiation gains competitive advantage by the way it designs its channel coverage.

1. services

2. product

3. people

4. channel

Page 39: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches.

1. true

2. false

Page 40: Kotler / Armstrong, Chapter 7 What is the first step in target marketing? 1.market positioning 2.market segmentation 3.target marketing 4.none of the above

Kotler / Armstrong, Chapter 7

Concentrated (niche) marketing is a market-coverage strategy in which a firm goes after a large share of one or a few segments or niches.

1. true

2. false