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KNHS Entrepreneruship Q1 W5 D1
KNHS Entrepreneruship Q1 W5 D1
DEPARTMENT OF EDUCATION
SCHOOL DIVISION OF PASAY CITY
ENTREPRENEURSHIP
1nd Semester / Week 5 / Day 1
What’s New
Direction: Ask your family MEMBERS TO ANSWER the data needed below.
COFFEE PREFERENCE
(BLACK/3IN1/FRAP)
______________ __________________
_______________________________________________
________________________________________________
1
What is It
Customer Profiling
Customer profiling is a marketing tool that businesses use to understand their customers and helps
to make better business decisions.( Harper Collins Publishers.)
It results in customer profiles which provide a description of your customers based on a set of
attributes.
You can group similar profiles by shared characteristics such as demographic, geographic,
psychographic and behavioural characteristics.
Demographics
- Is the study of obvious characteristics that categorize people
- Are the quantifiable statistics of a given population (Wikipedia)
INCOME LEVEL
Psychographics
- It s a system for measuring consumers’ beliefs, opinions, and interests.
- It is more challenging to measure than demographics
RELIGIOUS BELIEFS
MUSICAL TASTES
LIFESTYLES
ATTITUDE TOWARDS HEALTH
PERSONALITY TRAITS
Geographics
- Where consumers live
URBAN CONSUMERS
Usually live in apartments, condos, or houses with small yards
Spends on restaurants or public transportation
RURAL CONSUMERS
Often farmers with trucks
SUB-URBAN CONSUMERS
Typically owns a car, owns house with yards
Spends on house furnishings, gardens
1. You will help you to recognize your customers, who they are, what they look like, their interests and
wants, characteristics, behaviour and traits.
2. You will be able to communicate with them more efficiently and effectively.
3. Allows you to deliver the precise solutions to meet your customers needs.
4. It enables you to offer products at the right locations, at the right price and deliver the right features
5. You will create positive buying experiences.
If you don’t build your customer profiles, your strategy will be hit and miss and you won’t be getting a
strong return on investment for your marketing efforts.
You’ll also be giving your competition a real competitive edge because this is what savvy companies
are doing.
.
2
What’s More
Demographics Age
Gender
Income
Psychographics Lifestyle/Values
Geographics City/Provinces
Observation/Challenges
_________________________________________________________________________________________________
____________________________________________________________________________
ACTIVITY 2:
Directions: Determine the Cosumer Profiles of the following Brands using the Demographics, Psychographics and
Geographics
1. LEGO
2. LOUIE VITTON
3. ROLEX WATCH
4. COCA-COLA
5. MC DONALDS
3
What I Have Learned
3 important words from the lesson 2 facts you learned about Opportunity Seeking
1.____________________________ 1. _______________________________________
2. ___________________________ 2. _______________________________________
3. ___________________________
What I Can Do
Directions: Select an advertisement for a product or service that you think you and your family would
use. Explain how the advertising may be geared to the consumer
Age
Gender
Income
Culture
Lifestyle/Value
City
Observation
Challenge
4
Assessment
Directions: Choose the correct answer.
1. Which can be included in a customer profile
A. Demographics
B. Feedback from consumer
C. Visits made to a rival product
D. Purchase made at a rival product
2. Which is a benefit of tracing the demographic information of a consumer?
A. To send coupons to current buyers
B. To make sure consumers orders ready
C. To trace if a consumer is going to be a competition
D. To target new consumers who are similar to current consumers.
3. What is a customer profile?
A. A method to trace rivals new products
B. A technique to trace consumer purchase history with competitors
C. A technique to determine if consumers are going to competitors
D. A method to trace customer information such as trends, demographics and psychological graphics.
4. Which is NOT a benefit of Consumer Profiling?
A. You will get a strong return on investment
B. You will give your competitor an edge on your market
C. You will be able to connect with your consumers more efficiently and effectively.
D. You can provide the accurate solutions to meet your customers’ needs and wants.
5. What question would you ask if you wanted to know the demographics of your consumers?
A. Age, Gender, Income
B. Gender, Lifestyles, Religion
C. Lifestyles, Religion, Family Life Cycle
D. Values, Personality Traits, Family Life Cycle.
Prepared by:
Elizabeth R. Legaspina - KNHS
References:
https://serendipity2.com/what-is-customer-profiling/
https://www.thebalancesmb.com/consumer-profile-defining-the-ideal-customer-2296932
https://slideplayer.com/slide/9344208/