MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Gilron Holidays runs a premium membership club that caters to customers whose annual salary exceeds $100, 000. Members of this club are offered seasonal discounts on select luxury hotels in select cities worldwide. Gilron Holidays most likely follows a(n) ____ segmentation approach.
A
Gender
B
Income
C
Geographic
D
Benefit
Explanation: 

Detailed explanation-1: -Gilron Holidays runs a premium membership club that caters to customers whose annual salary exceeds $100, 000. Members of this club are offered seasonal discounts on select luxury hotels in select cities worldwide.

Detailed explanation-2: -Definition: Positioning defines where your product (item or service) stands in relation to others offering similar products and services in the marketplace as well as the mind of the consumer. Description: A good positioning makes a product unique and makes the users consider using it as a distinct benefit to them.

Detailed explanation-3: -Actionability: the degree to which effective programs can be designed for attracting and serving segments.

Detailed explanation-4: -Using an undifferentiated marketing (or mass-marketing) strategy, a firm might decide to ignore market segment differences and target the whole market with one offer. This mass-marketing strategy focuses on what is common in the needs of consumers rather than on what is different.

There is 1 question to complete.