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Marketsegmentationtypes
Marketsegmentationtypes
MARKET SEGMENTATION
GEOGRAPHIC DISTRIBUTION
It is based on the fact that different Price segmentation is common Gender, age, income, housing
media tend to reach different and widely practiced. Variation in type, and education level are
audiences. Media segmentation is household incomes creates an common demographic variables.
most often practiced by companies opportunity for segmenting some Demographic segmentation
that have some control over the markets along a price dimension. almost always plays some role in
media and can discourage The automobile industry is an a segmentation strategy.
competitors from using that media. example.
TIME OCCASION
PSYCHOGRAPHIC
BASED
Time segmentation is less common, People tend to behave differently, Lifestyle segmentation based upon
but can be highly effective. Some and think differently, at different multivariate analyses of consumer
stores stay open later than others, times or occasions. For example, attitudes, values, behaviors,
or stay open on weekends. Some dietary habits and preferences emotions, perceptions, beliefs,
products are sold only at certain vary by occasion: Friday night diner and interests.
times of the year (e.g., Christmas is different from lunch during the
cards, fireworks). week.
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