12. Segmenting and combining are two alternative approaches to developing market-oriented strategies. Which of the following statements concerning these approaches is true?
a) Combiners treat each submarket
as a separate target market.
The name says it all: if you combine, it means
that you look at a few markets at the same time, so this answer cannot
be right.
b) Segmenters try to develop a
marketing mix that will have general appeal to several market segments.
Replace the term "Segmenters" by "Combiners"
and you will have the right answer.
c) A combiner looks at various
submarkets for similarities rather than differences.
Indeed, this is what a combiner looks for. This
may happen when segments are too small or when the product is likely to
appeal to a few segments and developing separate marketing mixes don't
justify the costs associated with that. This is common in international
marketing where some companies prefer to use one marketing mix to various
countries, because the differences - cultural, in general - are not sufficiently
deep to have separate marketing plans.
d) A segmenter assumes that the
whole market consists of a fairly homogeneous group of customers.
This is of course contrary to the segmentation
approach.
e) Both segmenters and combiners
try to satisfy some people very well rather than a lot of people fairly
well.
I don't think so.
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