Psychographic segmentation divides consumers into groups based on psychological attributes and lifestyle. It uses frameworks like VALS to measure motivations and resources. Behavioral segmentation divides buyers based on their knowledge, attitudes, usage, and responses regarding products. It examines factors like benefits sought, decision roles, usage occasions, user status, readiness stage, and loyalty status to define segments.
Psychographic segmentation divides consumers into groups based on psychological attributes and lifestyle. It uses frameworks like VALS to measure motivations and resources. Behavioral segmentation divides buyers based on their knowledge, attitudes, usage, and responses regarding products. It examines factors like benefits sought, decision roles, usage occasions, user status, readiness stage, and loyalty status to define segments.
Psychographic segmentation divides consumers into groups based on psychological attributes and lifestyle. It uses frameworks like VALS to measure motivations and resources. Behavioral segmentation divides buyers based on their knowledge, attitudes, usage, and responses regarding products. It examines factors like benefits sought, decision roles, usage occasions, user status, readiness stage, and loyalty status to define segments.
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.