PRC-3 · Chapter 7 · Question 3 of 72
A luxury watchmaker designs its timepieces and advertising specifically to appeal to high-income professionals aged 40-60. What is this specific group of intended customers called?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Target market
Explanation
A target market is a specific group of consumers with shared characteristics that a business has identified as the primary aim for its products and marketing efforts.
More Concepts of Branding and Marketing MCQs
- Q5When a completely innovative tech gadget is first introduced to the public, advertising costs are massive to educate the consumer, and…
- Q6Which of the 4 Ps involves decisions about how to physically transport products from the manufacturing plant and to which retail stores…
- Q7A clothing retailer places a large banner in the store window offering a 'Buy One Get One Free' deal for the weekend. Which element of the…
- Q8Which of the following statements accurately highlights the difference between Marketing and Selling?
- Q9Before launching a new line of baby food, a company conducts extensive surveys with mothers to determine their flavor preferences and…
