One Drawback of Niche Marketing Is That a Company May

question 69

True/False

One drawback of niche marketing is that a company may have to raise the price of its product due to the smaller volume of sales it can expect.

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Definitions:

Freud

Sigmund Freud was an Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Anally Fixated

a term from Freudian psychology referring to a stage of psychosexual development where there's a strong focus on activities related to the anus, such as retention or expulsion of feces, which can influence personality traits.

Anal Stage

The second stage in Freud’s psychosexual stages, occurring from about 18–36 months of age, in which the anus is the erogenous zone and toilet training is the source of conflict.

Freudian Perspective

A psychological perspective that emphasizes unconscious processes and childhood experiences in shaping behavior and personality.