ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

MARKETING PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Good Ol’ Barbeque Sauce Company began marketing a new sauce that includes spices often found in Asian cuisine. How is the company segmenting its market?
A
Psychographics
B
Demographics
C
Geographics
D
Product Benefits
Explanation: 

Detailed explanation-1: -A market segment is deemed to have sustainability if it contains a large number of potential customers. A segmentation plan must produce segments that are accessible-that is, the firm must be able to reach members of targeted segments with customized marketing mixes.

Detailed explanation-2: -Segment marketing. Individual marketing. Niche marketing. Local marketing.

There is 1 question to complete.