The purpose of exploring life styles is to obtain more precise
pictures of how consumer s think and act than may be available from demographics alone . Defining consumer lifestyle
Lifestyle is a group phenomenon - A constellation of
individual characteristics that reflect certain behaviors , such as participation in social groups and relationship with significant others , commitment to certain behaviors , and a central life interest , and that may vary according to sociologically relevant variables , such as age , sex , ethnicity , social class, and region among others 1. lifestyle influences many aspects of behavior 2. lifestyles implies as certain life interest 3. lifestyles vary according to sociologically relevant variables Consumer lifestyles and product constellations A useful indicator of lifestyle is the groups of products or product constellations used by consumer . By looking at product constellation s , marketers can identify segments of consumers who tend to use the same goods and service .. Psychographics 1. personality traits and concept of self 2. Attitudes toward product classes and toward brands 3. Activities , interests, and opinions 4.value systems Val’s tam typologies The first values and lifestyles [val’s ] system, developed by the standford research institute , was intended as a study of human maturation but was adapted by marketers to predict consumer behavior Segment .good timers [23%]
Segment 2. well adjusted [ 27%]
Segment 3 . Nerds [ 24%]
Segment 4 . Problem kids [ 24%]
Applying the lifestyles concept to marketing The most striking advantages of using the lifestyles concept and related research today are found in marketing plan development , media selection , creative strategy formulation , product positioning , and retail strategy development Marketing plan development Media selection Creative strategy formulation Product positioning Retail strategy development thank you