In the previous unit, we learned that market segmentation is about dividing a broad market into smaller, more manageable groups. Now, let's practice spotting this strategy in action.
Engagement Message
Ready to test your segmentation-spotting skills?
Type
Multiple Choice
Practice Question
A software company sells two versions of its product: a "Basic" version for individual users and an "Enterprise" version for large companies. What is this an example of?
A. Trying to please everyone
B. Market segmentation
C. A lack of focus
D. Ineffective marketing
Suggested Answers
- A
- B - Correct
- C
- D
Type
Sort Into Boxes
Practice Question
Let's practice identifying business strategies. Sort these business descriptions into the correct categories based on their approach to the market.
Labels
- First Box Label: Niche Focus
- Second Box Label: Broad Focus
First Box Items
- A vegan-only cafe
- A store for lefties
- A dog-walking service
- A luxury car brand
Second Box Items
- A general supermarket
- A big-box hardware store
- A family diner
- A public utility co.
Type
Swipe Left or Right
Practice Question
Let's practice identifying the benefits of segmentation. Swipe each statement to the correct category.
Labels
