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Psychographic Segmentation- It is the science of using psychology

and demographics to better understand consumers. The buyers are


divided into groups based on psychological/personality traits,
lifestyle, or values. It can be measured by VALS segmentation
framework. Its main dimensions are consumer motivation (horizontal
dimension) and consumer resources (vertical dimension).
Consumers are inspired by one of these primary motivations: ideas,
achievement, and self-expression.
Behavioral Segmentation- Marketers divide buyers into groups
based on their knowledge of, attitude toward, use of, or response to
a product.
1. Needs and Benefits- Example of six different benefit segments:
Enthusiast, Image seekers, Savvy shoppers, Traditionalist,
Satisfied sippers, Overwhelmed
2. Decision Roles- People play five roles in a buying decision:
Initiator, Influencer, Decider, Buyer, and User. Different people
play different roles, but all are crucial in the decision process
and ultimate customer satisfaction.
3. User and Usage related variables-Occasions, User status, Usage
rate, Buyer readiness stage, and Loyalty Status.
 Occasions- Occasions mark a time of day, week, month,
year, or other well-defined temporal aspects of a
consumer’s life.
 User Status- Nonusers, ex-users, potential users, first time
users, and regular users.
 Usage Rate- Light, medium and Heavy product users
 Buyer Readiness stage- Some people are Unaware, some
are Informed, some are Interested, some Desire the
product, and some Intend to buy the product.
 Loyalty Status- Hard core loyal (Buy only one brand all the
time), Split loyal (who are loyal to two or three brands),
Shifting loyal (shift loyalty from one brand to another),
Switchers (show no loyalty to any brand)
 Attitude- Enthusiastic, Positive, Indifferent, Negative, and
Hostile.

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