Wrestling MerchandiseMarket research has shown that 6- to 17-year-old males, 18- to 24-year-old females, and 18- to 44-year-old males are most likely to watch a televised professional wrestling event or to attend a live match. Wrestling events are regularly broadcast in 120 different countries. Merchandise licensed by World Wrestling Entertainment (formerly known as the World Wrestling Federation) can be purchased at JCPenney and Wal-Mart. Clothes for adults are used to reach markets that may not buy action figures, video games, and novelty candy, but who are still proud to sport World Wrestling Entertainment (WWE) trademarks.Refer to Wrestling Merchandise. Prior to the 1990s, professional wrestling tried to compete as a legitimate sport just like football and baseball. Now it uses the
term "sports entertainment" when talking about what it is marketing to its fans. This is an example of the implementation of a(n) _____ strategy.
A. multisegment
B. product differentiation
C. undifferentiated marketing
D. target market
E. repositioning
Answer: E
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Indicate whether the statement is true or false