The MOST USEFUL dimensions for segmenting markets:? - Printable Version +- Twitist Forums (http://twitist.com) +-- Forum: General Social Media & Marketing Forums (/forum-8.html) +--- Forum: Social Marketing (/forum-10.html) +--- Thread: The MOST USEFUL dimensions for segmenting markets:? (/thread-105601.html) |
The MOST USEFUL dimensions for segmenting markets:? - WB - 02-26-2014 08:06 PM are geographic and demographic dimensions. are brand familiarity and consumption patterns. are social class. are benefits sought. depend on what product-market one is segmenting. - Jim Coe - 02-26-2014 08:12 PM I believe that the most important market segmentation is based on market niches and the niche's: * Needs * Desires * Fears So, yes - it depends on the market. And for finding less competitive markets (where the small time operator can thrive) one needs to segment each market into niches, not full markets. Example: Market = parenting, niche = first-time new mothers (This is not actual research data, just stuff I made up as examples) Needs: * Child care info * Health products (e.g. colic cure) * Infant products * Child care services * Mother/Infant fashions Desires: * Security * Stability * Time for infant care and bonding * Retain her figure and looks * To stay in touch with with friends/family/work, in spite of lack of time Fears: * Not a good enough mother * Losing good looks or health, staying in shape * Infant health problems * Losing touch with the rest of her life * Relationship with husband changing Notice that there are strong emotional and subconscious themes here and understanding those is a big help in market research and in planning the eventual campaign. Hope this helped you... _jim coe |