In a classic example of segmentation strategy, years ago Intel began promoting its computer chips, previously a commodity item, under its brand name with the slogan, "Intel Inside." In doing so, the company Multiple Choice differentiated its product streamined its delivery process created a new class of micromarketing defined consumers' basic needs redefined mass customization

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter3: Demand Analysis
Section: Chapter Questions
Problem 13E
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19
In a classic example of segmentation strategy, years ago intel began promoting its computer chips, previously a commodity item, under its brand name
with the slogan, "Intel Inside In doing so, the company
02-4118
Multiple Choice
differentiated its product
streamlined its delivery process
created a new class of micromarketing
defined consumers' basic needs.
redefined mass customization
Transcribed Image Text:19 In a classic example of segmentation strategy, years ago intel began promoting its computer chips, previously a commodity item, under its brand name with the slogan, "Intel Inside In doing so, the company 02-4118 Multiple Choice differentiated its product streamlined its delivery process created a new class of micromarketing defined consumers' basic needs. redefined mass customization
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