"Demographic geographic and psychographic" Essays and Research Papers

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    6 INFORMATION SHEETS

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    • Values • Health • Life span • Education • Interests & hobbies • Race • Local/national areas • Age • Religion 1 SILK TOPSHOP PENCIL DRESS Demographic: Topshop’s target customers who are women aged between 18-25 years old with an income range of £10‚000 - £50‚000 a year. Their target audience is young‚ fashion-conscious people on a budget. Psychographic: Customers tend to have goal orientated lifestyles & commitment to to career & family‚ their image is important to them & they are motivated by

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    segments. Geographic segmentation The market is segmented according to geographic criteria—nations‚ states‚ regions‚ countries‚ cities‚ neighborhoods‚ or zip codes. Geo-cluster approach combines demographic data with geographic data to create a more accurate profile of specific [1] With respect to region‚ in rainy regions you can sell things like raincoats‚ umbrellas and gumboots. In hot regions you can sell summer wear. In cold regions you can sell warm clothes. [edit]Demographic Segmentation

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    Marketing Project Guidelines Topics Market Introduction of market segmentation (NOT FROM THE NOTES) Basis of market segmentation – Consumer characteristic approach - DemographicGeographicPsychographic‚ and Behavioral Segments. (There are many subdivisions under each base.) Consumer response approach – benefit‚ loyalty‚ usage and occasion Marketing Strategies – undifferentiated‚ differentiated and concentrated marketing strategies. Why segmentation the market Facilitates the right

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    Four bases of segmentation Geographic Collecting and analysing information according to the location of the customer or other data source. Geographic segmentation is often used in marketing‚ since companies selling products and services would like to know where their products are being sold in order to increase advertising and sales efforts there. A local shop such as a local takeaway use geographic segmentation by targeting customers within a 10 mile radius‚ they can do this by posting leaflets

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    2012). There are many different levels of market segmentation such as‚ geographicdemographicpsychographic‚ and behavioral segmentation (Kotler‚ & Keller‚ 2012). The geographic segmentation used when the marketers segment the market by focusing on a specific geographic area (Thomas‚ 2007)‚ demographic segmentation concentrates on gender‚ age‚ housing type‚ income‚ and the educational level (Thomas‚ 2007)‚ the psychographic segmentation is studying the customers behaviors‚ emotions‚ beliefs‚ and

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    mkt311 tb chap8

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    ch8 Student: ___________________________________________________________________________ 1. When a marketer adjusts the marketing mix to give customers a clear‚ distinctive understanding of what the product does‚ the marketer is engaging in psychographic segmentation.    True    False   2. For products like pencils and paperclips‚ marketers should probably use an undifferentiated targeting strategy.    True    False   3. When deciding how to promote his new medical oncology center‚ Dr. Jones decided

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    Target Market for Bamboo Village‚ Hulu Langat. Geographic Bamboo village‚ Hulu Langat is a natural tourist places that can give the peace and culture environment which is located in the interior of Batu 11‚ Hulu Langat certainly gives one an interesting experience with the landscape concept of ’Japanese Garden’ witnessed quiet and attractive atmosphere for anyone who visit there. Cultivated on a parcel of land inherited. region far from the atmosphere of the city that can give satisfaction to live

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    * Geographic * Demographic * Psychographic * Behavioralistic 1. Geographic Segmentation The following are some examples of geographic variables often used in segmentation. Region: by continent‚ country‚ state‚ or even neighborhood Size of metropolitan area: segmented according to size of population Population density: often classified as urban‚ suburban‚ or rural Climate: according to weather patterns common to certain geographic regions 2. Demographic Segmentation Some demographic segmentation

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    activities toward a group of consumers. Kate Spade’s market segmentation uses many factors that include four categories: Geographic segmentation that divides consumers based on region‚ climate‚ domestic‚ international‚ urban‚ rural‚ and suburban. Demographic segment includes age‚ gender‚ ethnicity‚ social class‚ occupation‚ family status‚ education‚ and income. Psychographic segmentation includes values‚ beliefs‚ attitudes‚ and lifestyle to group the market. Behavior segmentation uses variables

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    Segmentation Variables

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    segmentation variables in marketing are‚ it helps to first know what market segmentation is. Market segmentation is the analysis of population demographics so they can be categorized in specific ways. These specific ways of categorization in market segmentation are why segmentation variables are needed and used. Four (4) groups of Segmentation Variables – 1. Geographic segmentation is based on variables such as: • Region: this kind of segmentation involves division of customer by continent‚ country

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