Question: Question 7 9 MKT 3 6 2 - 2 0 0 4 / Which of the following best describes a multisegment targeting strategy? It is
Question
MKT Which of the following best describes a multisegment targeting strategy?
It is the effort to ensure that sales of a new product do not cut into sales of an existing product.
It refers to choosing to serve two or more welldefined market segments and developing a distinct marketing mix for each.
It refers to selecting one segment of a market for targeting marketing efforts and understanding the needs of the members in that segment.
It is the division of a market by the amount of product bought or consumed.
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