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What Are The Kinds (types) Of Market Segmentation?

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    There are two types of segmentation variables:(1) Needs(2) ProfilersThe basic criteria for segmenting a market are customer needs. To find the needs of customers in a market, it is necessary to undertake market research.Profilers are the descriptive, measurable customer characteristics (such as location, age, nationality, gender, income) that can be used to inform a segmentation exercise.The most common profilers used in customer segmentation include the following:Profiler ExamplesGeographic• Region of the country
    • Urban or ruralDemographic• Age, sex, family size
    • Income, occupation, education
    • Religion, race, nationalityPsychographic• Social class
    • Lifestyle type
    • Personality typeBehavioural• Product usage - e.g. Light, medium ,heavy users
    • Brand loyalty: None, medium, high 
    • Type of user (e.g. With meals, special occasions)


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    answered 11 months ago

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