Study

Unit 3 and 4 Test

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  • A sneaker brand releases a limited-edition shoe designed specifically for marathon runners. What type of segmentation is this?
    Behavioral Segmentation
  • A holiday store sells Halloween decorations in September and October. What utility does this represent?
    Time Utility
  • Which utility improves a product’s appeal by making it available at the right time, such as seasonal decorations being sold before the holidays?
    Time Utility
  • How does Red Bull use psychographic segmentation in its marketing?
    By targeting adventurous, high-energy consumers who enjoy extreme sports and an active lifestyle.
  • A fast-food chain creates different menu items for customers in the U.S., Japan, and Mexico. Which segmentation method is this?
    Geographic Segmentation
  • A company identifies a growing trend that aligns with their product offerings. Which part of SWOT analysis does this fall under?
    Opportunities
  • What type of utility is created when a furniture store offers financing options to help customers pay for their purchases?
    Posession Utility
  • Which segmentation strategy would a luxury watch company use to target high-income individuals?
    Demographic Segmentation
  • How does Spotify use behavioral segmentation to recommend music?
    By analyzing listening habits and suggesting playlists based on past behavior.
  • How does Nike use psychographic segmentation to market its products?
    By targeting athletes and people who value fitness
  • What type of segmentation is being used when a company targets young professionals who value convenience and technology?
    Psychographic Segmentation
  • What is a Marketing Utility?
    A Marketing Utility is the value added to a product or service to satisfy customer needs and encourage purchases. The five types are Form, Place, Time, Possessi
  • How does Gatorade use psychographic segmentation to attract athletes?
    y promoting hydration and endurance benefits that align with athletic lifestyles.
  • What is the key difference between form and task Utility?
    Form Utility improves a product by changing its physical form (e.g., wood into furniture), while Task Utility adds value through a service (e.g., car repair
  • A hotel chain offers discounts for repeat guests to encourage loyalty. Which segmentation method is being used?
    Behavioral Segmentation
  • If a business has strong brand recognition and a loyal customer base, which part of SWOT analysis does this represent?
    Strengths
  • A car company releases a new electric vehicle that charges faster than previous models. What type of utility is being improved?
    Form Utility
  • What type of segmentation divides customers based on their location, such as cities, regions, or climate?
    Geographic Segmentation
  • Which part of a SWOT analysis would a company’s poor customer service fall under?
    weaknesses
  • A clothing brand offers a feature on its website that lets customers customize their T-shirts. What utility is being created?
    Form Utility
  • Rising material costs make production more expensive for a company. Which part of SWOT analysis would this go under?
    Threats
  • What utility is created when raw materials like cotton are transformed into clothing?
    Form Utility
  • A company selling surfboards targets customers near the beach rather than in landlocked areas. Which type of segmentation is being used?
    Geographic Segmentation
  • A restaurant offers online ordering and delivery to make purchasing easier for customers. What type of utility is this?
    Possession Utility
  • A business launches a new product line that becomes an instant success. In a SWOT analysis, where would this be listed?
    Strengths
  • A luxury car brand markets to high-income individuals who value status and performance. Which segmentation strategy is being applied?
    Psychographic Segmentation
  • A coffee shop gives discounts to customers who visit every morning. What type of segmentation is this?
    Behavioral, it focuses on purchasing habits
  • Which utility ensures that products are available where customers need them, such as selling snacks at a gas station?
    Place Utility
  • A new business lacks funding and has little brand recognition. Which part of SWOT would this be listed under?
    Weaknesses
  • A smartphone company provides a detailed user manual and a how-to video for customers. What type of utility does this represent?
    Information Utility
  • Which type of segmentation groups people based on characteristics like age, gender, income, and education?
    Demographic Segmentation
  • A competitor releases a cheaper alternative to your product. Which part of SWOT analysis does this represent?
    Threats
  • A farm starts selling fresh produce at a local farmers' market instead of shipping it out of state. What type of utility is increased?
    Place Utility
  • An eco-friendly company sees an increase in demand for sustainable products. In SWOT analysis, where does this fit?
    Opportunities
  • A coffee shop adds a mobile app so customers can order ahead and skip the line. Which utility does this improve?
    Possession Utility
  • A video game company creates different advertisements for teenagers, young adults, and middle-aged gamers. What segmentation type is this?
    Demographic Segmentation
  • A company has a well-known brand name and loyal customers. Which part of SWOT does this represent?
    Strengths
  • What type of market segmentation focuses on people’s hobbies, lifestyles, and values?
    Psychographic Segmentation
  • A local bakery lacks a strong online presence, making it difficult to reach more customers. Which part of SWOT analysis does this represent?
    Weaknesses
  • What part of SWOT analysis examines external factors a business could take advantage of, like a new market trend?
    Opportunities
  • Which utility ensures products are available where customers want to buy them, such as snacks being sold in vending machines at schools?
    Place Utility
  • A sunscreen brand markets its products more heavily in Florida and California than in Alaska. Which type of segmentation is being used?
    Geographic Segmentation
  • A company provides detailed instructions and customer support to help buyers understand their new product. Which utility does this create?
    Information Utility
  • Which part of a SWOT analysis focuses on external factors that could harm a business, like competition or economic downturns?
    Threats