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Q. |
All of the following are correct about market research methods EXCEPT: |
A. | It is important first to understand how groups of consumers are classified or segmented. |
B. | Markets can be segmented to increase the percentage of responses and to formulate effective marketing strategies that appeal to specific consumer groups. |
C. | Direct mail marketing methods are usually cost-effective. |
D. | Market segmentation is done with the aid of tools such as data modeling and data warehousing. |
Answer» D. Market segmentation is done with the aid of tools such as data modeling and data warehousing. |
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