Segmentation, Targeting and Positioning (AQA A-Level Business): Quizzes

📚Quizzes
Segmentation, Targeting and Positioning
Sign up to keep practising.Create a free account to play more quizzes and track your progress.

Practise the questions

10 questions from this quiz

Show

What is market segmentation?

Dividing market into identifiable groups

What does market positioning refer to?

How consumers perceive brand vs competitors

What is the correct sequence of the STP process?

Segmentation → Targeting → Positioning

Which is a common method of market segmentation?

Age, gender, income level, social class

How does STP improve marketing effectiveness?

Marketing directed at target with clear msgs

What resource benefit does STP provide?

Resources used efficiently with better ROI

What is a drawback of using STP?

Might overlook other profitable segments

Which factor influences target market selection?

Nature of product, competition, needs

What is an advantage of niche marketing?

Less competition & ability to charge premium

What does mass marketing involve?

Targeting entire market with standard products

Join 100,000+ A-Level students studying Quizzes with us.

Select your subjects, and get access to A+ resources today.