Market Segmentation Quiz Write your own definition of what you think the term "Market Segmentation" means. Three examples of products that would be found in a Mass Market are: 1) 2) 3) Complete this sentence about Concentrated Markets. (White) Golf lessons are a product that is a single segment from the wider market for sports coaching. List the range of products that a company offers that could be used to describe a differentiated market. (White) Sports shoes models A niche product is ………………………………. Describe a retail and a wholesale market that you know. Say what you understand by the term demographics. (Give a dictionary definition if you want.) Say how a knowledge of demographics could be an advantage to a marketer. Give an example of one psychographic feature that a marketer might want to target and name a product that might suit that particular feature. (White ) Different products are positioned to appeal to a particular customer because of their image or identity. Choose a product that has a particular image and say how each of the following positions this product. Price (White) Rare product expensivel priced Quality Limited volume produced by experts Luxury Used for special celebrations/occasions Rarity Champagne Adventure tourism Marketing Page 1