BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Income
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Geographic
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Benefit
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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.