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BASES OF MARKET SEGMENTATION

1. Customer based segmentation Geographic location of customer Demographic location of customer age gender marital status income social class family size occupation educational level

. Psychographic variables
life styles personality values beliefs attitudes

2. Competition related segmentation

. Hard core loyal- who continue to buy same product . soft core loyal- who r loyal for 2-3 brand . Switchers- who never stick to a brand
3. Consumer Response segmentation

. User Status
-non user -first time user -regular user -ex-user

. Buyer readiness stage -unaware -aware -interested -desired -intended to buy

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