Firms that sell luxury products, custom-made products, and services often take the time to significantly modify their products in an effort to precisely match the needs of individual customers. These firms are pursuing what type of approach to market segmentation?

Firms that sell luxury products, custom-made products, and services often take the time to significantly modify their products in an effort to precisely match the needs of individual customers. These firms are pursuing what type of approach to market segmentation?


a.
individualized marketing
d.
focused marketing
b.
niche marketing
e.
one-to-one marketing
c.
pinpointed marketing


Answer: e.
one-to-one marketing


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