What Are the Four Steps,in Order,to Designing a Customer- Driven

question 1

Multiple Choice

What are the four steps,in order,to designing a customer- driven marketing strategy?

• A)market alignment,market segmentation,differentiation,and market positioning
• B)market segmentation,differentiation,positioning,and targeting
• C)positioning,market segmentation,mass marketing,and targeting
• D)market recognition,market preference,market targeting,and market insistence
• E)market segmentation,targeting,differentiation,and positioning

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Definitions:

Standard Error

A statistical measure that represents the accuracy with which a sample distribution represents a population by quantifying the variability of the mean.

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, indicating how spread out the data points are.

Mean Purchase

The average amount of purchases made over a certain period of time or across individuals.

Probability

The expression of an event's likelihood as a number from 0 to 1.