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8 February, 08:57

Compared to 10 years ago, BMW sells a greater share of its cars to females, African Americans, Hispanics, Asian Americans, and younger customers. Which market modification strategy does this represent?

A. Increasing a product's use

B. Creating new use situations

C. Changing the value offered

D. Finding new customers

E. Product adaptation

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Answers (1)
  1. 8 February, 09:24
    0
    The correct answer is letter "D": Finding new customers.

    Explanation:

    German carmaker BMW (Bayerische Motoren Werke) is worldwide known for manufacturing sport-luxury vehicles. Its vehicles are one of the most preferred among middle and high-range executives. BMW's main market is Europe, though, in the past years the company has had a relevant spread all over America since the introduction of new "affordable" cars such as the series 1 and 3. The purpose of the change is finding new customers in different regions.
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Home » Business » Compared to 10 years ago, BMW sells a greater share of its cars to females, African Americans, Hispanics, Asian Americans, and younger customers. Which market modification strategy does this represent? A. Increasing a product's use B.
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