51. Chipotle has become popular with a variety of people. It recently identified a primary customer segment in
Millennials. To win over this demographic group, traditional media is less authentic in the perception of Millennials,
therefore, Chipotle does not use traditional media, and its marketing and promotion focus on maintaining a large online
and social media presence. Here Chipotle is likely to use:
undifferentiated targeting.
differentiated marketing.
52. In the context of customer relationship management (CRM), _____ offers marketers a more cost-effective way to
reach customers and enables businesses to personalize their messages.
undifferentiated targeting
53. The world’s best coffee beans come from Colombia. Therefore, the more Colombian beans in a blend of coffee, the
better the blend; and no company purchases more Colombian beans than Kreemo Coffee. Which positioning strategy is
the company demonstrating?
54. Which statement is true of gender segmentation in the United States?
Women are increasingly part of formerly all-male markets.
Women are not an experienced purchasing group, unlike men.
Men make 70 to 80 percent of purchases of consumer goods each year.
Men tend to be more deliberate than women and to take longer to make investment decisions.
55. According to family life cycle segmentation, middle-aged married couples with or without children:
are difficult to promote by advertisement.
are better off financially than young married couples with or without children.
buy medical care products that aid health, sleep, and digestion.
have the highest purchase rate.
56. _____ refers to segmenting markets by region of a country or the world, market size, market density, or climate.
57. A cosmetic company manufactures products for skin and hair care for both men and women in the 20– to 50-year-old
age group. Which type of market segmentation approach does the company undertake?