Thursday 22 March 2012

Market Segmentation

Major Segmentation Variables

1.Geographic Segmentation
Region (SEA, NEA, SA)
City size

2.Demographic Segmentation
Create groups according to :
 age, gender, race, religion, generation, nationality
 family life cycle (young & single, young, married & no children, young, married with children below 6...)
 family size, family type (nucleus, small / large),
 income, occupation, education
 social class (lower, middle & upper

3.Psychographic Segmentation
 Lifestyle (The Change, The Participation, The Freedom, The Stability)
 Personality (Compulsive, aggressive, gregarious, authoritarian, ambitious)

4.Behavioral Segmentation
Occasion
Benefits
User Status
Usage rate
Loyalty status
Buyer readiness stage
Attitude toward product