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How To Segment Different Product According To Their Nature
How To Segment Different Product According To Their Nature
How To Segment Different Product According To Their Nature
Dept: JMC
Semester: 5th
Kohat University of Science and
Technology.
Marketing
SEGMENTATION
Market
segmentation:
is
amarketingstrategy which involves dividing
a broad targetmarket into subsets of
consumers, who have common needs,
interests, and priorities, and then designing
and implementing strategies to target them.
Geographic
segmentation
Geographic segmentation divides the
market into different geographical units such
as nations, regions, states, counties, or cities.
Demographic
segmentation
Demographic segmentation divides the
market into groups based on variables such as
age, gender, family size, family life cycle,
income, occupation, education, religion, race,
generation, and nationality
Contd..
Demographic segmentation is the most
Psychographic
segmentation
Psychographic segmentation divides
buyers into different groups based on social
class, lifestyle, or personality traits.
Behavioral
segmentation
Behavioral segmentation divides buyers
Introduction
Lux is currently a product of Unilever. The
Market Segmentation of
LUX
Unilever Pakistan Ltd. segments their market
according to geographical areas. The
population of the country is segmented into
three parts which are urban, sub urban and
rural area consumers.
LUX is not a highly expensive but an
affordable product. That is why the company
targets urban and sub urban, upper middle
and middle class people who are the second
highest population of segment of the country.