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MARKET SEGMENTATION

  • Market segmentation
  • Process in marketing

    In marketing, market segmentation or customer segmentation is the process of dividing a consumer or business market into meaningful sub-groups of current

    Market segmentation

    Market_segmentation

  • Go-to-market strategy
  • Economic plan for businesses

    the common factors that are considered when performing a market segmentation in a go-to-market strategy include: Industry: The industry in which the customer

    Go-to-market strategy

    Go-to-market_strategy

  • Industrial market segmentation
  • Industrial market segmentation is a scheme for categorizing industrial and business customers to guide strategic and tactical decision-making. Government

    Industrial market segmentation

    Industrial_market_segmentation

  • Labor market segmentation
  • market segmentation is the division of the labor market according to a principle such as occupation, geography and industry. One type of segmentation

    Labor market segmentation

    Labor_market_segmentation

  • Market segmentation index
  • Measure of the degree of monopoly power

    Market segmentation index—or the Celli index of market segmentation, named after the Italian economist Gianluca Celli—is a measure of market segmentation

    Market segmentation index

    Market_segmentation_index

  • Target market
  • Group of people toward which an organization has decided to aim its marketing efforts

    choice of a suitable target market is one of the final steps in the market segmentation process. The choice of a target market relies heavily on the marketer's

    Target market

    Target_market

  • Market analysis
  • Study of the attractiveness and the dynamics of a market

    market segmentation is necessary. Segmentation includes a lot of market research, since a lot of market knowledge is required to segment the market.

    Market analysis

    Market_analysis

  • Firmographics
  • Sets of characteristics to segment companies and other organizations

    represent characteristics of the entire market at a much lower cost than other forms of business segmentation. However, Webster (2005) believed that this

    Firmographics

    Firmographics

  • Psychographic segmentation
  • Form of market segmentation based on psychological characteristics

    Psychographic segmentation has been used in marketing research as a form of market segmentation which divides consumers into sub-groups based on shared

    Psychographic segmentation

    Psychographic_segmentation

  • Audience segmentation
  • Process of dividing people into subgroups

    Audience segmentation is a process of dividing people into homogeneous subgroups based upon defined criteria such as product usage, demographics, psychographics

    Audience segmentation

    Audience_segmentation

  • Segmenting-targeting-positioning
  • Framework that implements market segmentation

    framework that implements market segmentation. Market segmentation is a process, in which groups of buyers within a market are divided and profiled according

    Segmenting-targeting-positioning

    Segmenting-targeting-positioning

  • Outline of marketing
  • Overview of and topical guide to marketing

    sampling Market segment (article) Segmenting and positioning (article) Market segmentation (section) or Market segmentation or Market segmentation (section)

    Outline of marketing

    Outline of marketing

    Outline_of_marketing

  • Market research
  • Type of business activity

    1974, Jerry Yoram Wind launched the two-step market segmentation model, based on macro-and micro-segmentation, which is still routinely used today.[citation

    Market research

    Market_research

  • Dual labour market
  • concept is that of labour market segmentation. While the word "dual" implies a division into two parallel markets, segmentation in its broadest sense may

    Dual labour market

    Dual_labour_market

  • Target audience
  • Intended or ideal recipient of a message or artistic expression

    a 'target market' is the first stage in the marketing strategy of a business, and is a process of market segmentation. Market segmentation can be defined

    Target audience

    Target_audience

  • Rifle approach
  • or two market segments, whereas the firm would be stretched very thinly if it tries to cater to the entire market. By using product segmentation, companies

    Rifle approach

    Rifle_approach

  • Marketing strategy
  • Organizational efforts to increase sales

    known as Porter's five forces analysis) Management profiling Market segmentation analysis Market share analysis Perceptual mapping PEST analysis and its variants

    Marketing strategy

    Marketing_strategy

  • Market
  • Topics referred to by the same term

    microstructure Market research Market segmentation Market share Market trend Market value Single market Target market Bazaar Big box market Farmers' market, focusing

    Market

    Market

  • VALS
  • Research methodology for market segmentation

    proprietary research methodology used for psychographic market segmentation. Market segmentation is designed to guide companies in tailoring their products

    VALS

    VALS

  • Niche market
  • Subset of the market

    Network, target the niche market of sports enthusiasts.[citation needed] Market segmentation History of marketing Mass market Marketing strategy Thivierge

    Niche market

    Niche_market

  • Psychographics
  • Qualitative methodology used to describe traits of humans on psychological attributes

    profiles are used in market segmentation as well as in advertising. Some categories of psychographic factors used in market segmentation include: activity

    Psychographics

    Psychographics

  • Yield curve
  • Relationships among bond yields of different maturities

    practice the term usually refers to curves built from a single issuer or market segment so that credit quality and other features are as similar as possible

    Yield curve

    Yield curve

    Yield_curve

  • Marketing
  • Study and process of exploring, creating, and delivering value to customers

    Needs-based segmentation (also known as benefit segmentation) "places the customers' desires at the forefront of how a company designs and markets products

    Marketing

    Marketing

    Marketing

  • Total addressable market
  • Revenue opportunity available for a product or service

    Market Segmentation.” Industrial Marketing Management), the Target Market is a subset of SAM. Therefore SOM is a subset of the Target Market. Market share

    Total addressable market

    Total addressable market

    Total_addressable_market

  • Motel
  • Hotel catering to motorists

    1982. New limited-service brands from existing franchisors provided market segmentation; by using a different trademark and branding, major hotel chains

    Motel

    Motel

    Motel

  • Youth unemployment in Spain
  • For people ages 15–24 is high

    been identified as contributing to this situation, including labour market segmentation, a high incidence of temporary employment among young workers, educational

    Youth unemployment in Spain

    Youth_unemployment_in_Spain

  • Geodemographic segmentation
  • Multivariate statistical classification technique in marketing

    In marketing, geodemographic segmentation is a multivariate statistical classification technique for discovering whether the individuals of a population

    Geodemographic segmentation

    Geodemographic_segmentation

  • Light-up shoes
  • Shoe that contains lights

    festivals, raves and to increase visibility. Originally light-up shoes were marketed towards children, and they had a mechanism where the shoe would light up

    Light-up shoes

    Light-up shoes

    Light-up_shoes

  • Technographic segmentation
  • Technographic segmentation for marketing management is a market research analysis tool used to identify and profile the characteristics and behaviors

    Technographic segmentation

    Technographic_segmentation

  • Microsegment
  • In marketing, a microsegment is a more advanced form of market segmentation that groups a number of customers of the business into specific segments based

    Microsegment

    Microsegment

  • Serviceable available market
  • Reachable part of the possible market

    that market and therefore market analysis will not count that market as serviceable. Total addressable market Market segmentation Target market Steve

    Serviceable available market

    Serviceable available market

    Serviceable_available_market

  • History of marketing
  • beliefs in market segmentation and advertising. When Wendell R. Smith published his article, Product Differentiation and Market Segmentation as Alternative

    History of marketing

    History of marketing

    History_of_marketing

  • Market sector
  • Classification Standard (GICS) Industry Classification Benchmark (ICB) Market segmentation Thomson Reuters Business Classification (TRBC) "Fidelity Learning

    Market sector

    Market sector

    Market_sector

  • Grid computing
  • Use of widely distributed computer resources to reach a common goal

    the segmentation of the grid computing market, two perspectives need to be considered: the provider side and the user side: The overall grid market comprises

    Grid computing

    Grid_computing

  • Segment
  • Topics referred to by the same term

    segment, segmentation, or segmental in Wiktionary, the free dictionary. Segment, segmentation, segmented, or segmental may refer to: Segmentation (biology)

    Segment

    Segment

  • Lifestyle
  • Way or style of living

    for market segmentation, in "Harvard Business Review", 1964, vol. 42, n. 2, pp. 83–90. Yankelovich D., Meer D., Rediscovering market segmentation, in

    Lifestyle

    Lifestyle

  • Marketing research
  • Branch of research for business management, studying markets and economic opportunities

    Such activities suggest that sufficient market information was collected to support detailed market segmentation. In 1895, American advertising agency,

    Marketing research

    Marketing_research

  • Middle of the market
  • Segment of airline market

    middle of the market, often abbreviated MoM, is the airliner market between the narrowbody and the widebody aircraft, a market segmentation used by Boeing

    Middle of the market

    Middle of the market

    Middle_of_the_market

  • Dirk Bergemann
  • American economist

    and producer surplus combinations achievable through market segmentation, showing that segmentation can range from transferring all gains to the producer

    Dirk Bergemann

    Dirk_Bergemann

  • SEC classification
  • Classification of consumers

    a measure of socio-economic class and is now commonly used as a market segmentation tool in India. In the older version, the SEC classification consists

    SEC classification

    SEC_classification

  • Artificial intelligence in marketing
  • fulfill the role of marketing companies through effectively aiding in market segmentation and measurement of performance while reducing costs and improving

    Artificial intelligence in marketing

    Artificial_intelligence_in_marketing

  • Tehran Stock Exchange
  • Iranian stock exchange

    the years 2002 through 2013. TSE is an emerging or "frontier" market. Iran's capital market has companies from a wide range of industries, including automotive

    Tehran Stock Exchange

    Tehran Stock Exchange

    Tehran_Stock_Exchange

  • Nepal Stock Exchange
  • Nepalese stock exchange

    categorizes all listed scripts into 16 distinct sectors, enabling clearer market segmentation and investor analysis. These sectors(Indices) are: NEPSE functions

    Nepal Stock Exchange

    Nepal_Stock_Exchange

  • Positioning (marketing)
  • Mental perception of product or brand

    positioning methods include product differentiation, advertising, market segmentation, and business models such as the marketing mix. The origins of the

    Positioning (marketing)

    Positioning_(marketing)

  • Consumer behaviour
  • Study of consumption of goods and services

    advocates. Additionally, these databases aid in market segmentation, particularly behavioral segmentation, enabling the creation of highly targeted and

    Consumer behaviour

    Consumer behaviour

    Consumer_behaviour

  • Rebranding
  • Marketing strategy

    offerings, when they are marketed separately to several target markets this is called market segmentation. When part of a market segmentation strategy involves

    Rebranding

    Rebranding

    Rebranding

  • Affinity marketing
  • Method of extending market reach

    using the club's logo is just considered an endorsement and is passively marketed through newsletters and possibly sponsorship signage and mentions as a

    Affinity marketing

    Affinity_marketing

  • Telecommunications industry
  • Telephone companies and Internet service providers

    2019. Of all the customer markets, residential and small business markets are the toughest. With hundreds of players in the market, competitors rely heavily

    Telecommunications industry

    Telecommunications_industry

  • Claritas Prizm
  • Set of geo-demographic segments for the United States

    educations, sprawling families, and service jobs. Geodemographic segmentation Market segmentation Segmenting and positioning Planet ™, Data. "Data Planet LibGuides:

    Claritas Prizm

    Claritas_Prizm

  • Basic economy class
  • Type of airfare offered by airlines

    tickets or select seats for free. They are seen as a strategy for market segmentation. In the United States, Delta Air Lines was the first airline to introduce

    Basic economy class

    Basic economy class

    Basic_economy_class

  • Persona (user experience)
  • Personalized fictional characters representing a consumer or user category

    data into relatable profiles. Personas are one of the outcomes of market segmentation, where marketers use the results of statistical analysis and qualitative

    Persona (user experience)

    Persona (user experience)

    Persona_(user_experience)

  • Retail
  • Sale of goods and services

    Market size, stage of market, market competitiveness, market attractiveness, market trends Customer analysis – Market segmentation, demographic, geographic

    Retail

    Retail

    Retail

  • Rebadging
  • Selling the same car under a different brand name

    in that little or no actual engineering takes place) is a form of market segmentation used by automobile manufacturers around the world. To allow for product

    Rebadging

    Rebadging

    Rebadging

  • Latent class model
  • Concept in statistics

    In statistics, a latent class model (LCM) is a model for clustering multivariate discrete data. It assumes that the data arise from a mixture of discrete

    Latent class model

    Latent_class_model

  • Ferrero SpA
  • Italian multinational food corporation

    illegal market segmentation by Ferrero through restrictions on cross-border trade and multi-country purchases within the European single market. According

    Ferrero SpA

    Ferrero SpA

    Ferrero_SpA

  • Living Standards Measure
  • Marketing and research tool

    telephone (excl. cellphone) "Understanding the Living Standards Measure Segmentation in South Africa". United States Department of Agriculture: Foreign Agricultural

    Living Standards Measure

    Living_Standards_Measure

  • Great Resignation
  • 2021–2023 surge in job quits

    or desire to work. Lambert (2022) finds that the concept of labor market segmentation is useful in explaining resignation rates across different industries

    Great Resignation

    Great Resignation

    Great_Resignation

  • Solar power in Spain
  • amount of solar power installed. A new sector of the market begins to make headway in the Spanish market following the easing of regulations on self consumption

    Solar power in Spain

    Solar power in Spain

    Solar_power_in_Spain

  • Revenue management
  • Marketing discipline

    market information. This information is crucial to starting the revenue management process. After collecting the relevant data, market segmentation is

    Revenue management

    Revenue_management

  • Porter's generic strategies
  • Pursuit of competitive advantage

    share were successful because they used market segmentation to focus on a small but profitable market niche. Firms in the middle were less profitable

    Porter's generic strategies

    Porter's_generic_strategies

  • Intermarket segmentation
  • with A.C. Samli. (Refereed) Hassan, Salah S. “Competitive Global Market Segmentation,” Global Marketing Perspectives and Cases, Dryden Press: Fort Worth

    Intermarket segmentation

    Intermarket segmentation

    Intermarket_segmentation

  • Digital marketing
  • Marketing of products or services using digital technologies or digital tools

    to consumption: The socio-technical assemblage of the persona in market segmentation". Journal of Business Research. 194 115387. doi:10.1016/j.jbusres

    Digital marketing

    Digital marketing

    Digital_marketing

  • Factor analysis
  • Statistical method

    Factor analysis is a statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved

    Factor analysis

    Factor_analysis

  • Mosaic (geodemography)
  • System for geodemographic classification of households

    pensioner mortality data, British Actuarial Journal Experian mosaic segmentation groups and types "Mosaic 2009 Groups and Types". Archived from the original

    Mosaic (geodemography)

    Mosaic_(geodemography)

  • Pricing
  • Process of determining what a company will receive in exchange for its products

    price system Group buy High-low pricing Marketing Marketing mix Market segmentation Opportunity cost Pay what you want Price ceiling Price controls Price

    Pricing

    Pricing

    Pricing

  • Types of e-commerce
  • There are many types of e-commerce models, based on market segmentation, that can be used to conduct business online. The 6 types of business models that

    Types of e-commerce

    Types_of_e-commerce

  • Geo-blocking
  • Internet censorship based upon geographical location

    as being "semi-sanctioned" piracy that helped to illicitly increase its market share, and criticizing the company for not taking further steps to prevent

    Geo-blocking

    Geo-blocking

    Geo-blocking

  • Sales territory
  • Geographic area or customer group managed by a sales representative

    product pricing, sales frequency, and associated costs to ensure effective market coverage. A sales territory is intended to create balanced sales coverage

    Sales territory

    Sales_territory

  • Demographic targeting
  • Form of behavioral advertising

    target market and communicate with them. They give marketers more details on target markets. [citation needed] Geographic segmentation divides the market into

    Demographic targeting

    Demographic_targeting

  • K-means clustering
  • Vector quantization algorithm minimizing the sum of squared deviations

    heuristics such as Lloyd's algorithm. It has been successfully used in market segmentation, computer vision, and astronomy among many other domains. It often

    K-means clustering

    K-means_clustering

  • Product differentiation
  • Process of distinguishing unique products or services

    value from a product, however this leads to increased demand and market segmentation which can cause anti-competitive effects on price. From this perspective

    Product differentiation

    Product_differentiation

  • Medoid
  • Objects maximally similar to other objects in a dataset

    nodes based on their properties. Medoids also can be employed for market segmentation, which is an analytical procedure that includes grouping clients

    Medoid

    Medoid

  • Ansoff matrix
  • Strategic planning tool

    Business model Business triage First-mover advantage Marketing Market segmentation Doyle, Charles (2011). "Ansoff matrix (directional matrix)". Oxford

    Ansoff matrix

    Ansoff matrix

    Ansoff_matrix

  • Bass diffusion model
  • Mathematical marketing model

    base, i.e.,   f ( t ) {\displaystyle \ f(t)} multiplied by the ultimate market potential   m {\displaystyle \ m} . Under the condition   F ( 0 ) = 0 {\displaystyle

    Bass diffusion model

    Bass_diffusion_model

  • Secondary labor market
  • enclave Labor market segmentation Primary labor market Temporary work Underemployment Bewley, Truman (May 1995). "A Depressed Labor Market as Explained

    Secondary labor market

    Secondary_labor_market

  • List of abbreviations for market segments
  • Some market segments are referred to by acronyms and initials: DINKY – Double income no kids SOHO – Small office, home office VSB – Very small business

    List of abbreviations for market segments

    List_of_abbreviations_for_market_segments

  • Divide and conquer
  • Strategy in politics and sociology

    is also mentioned as a strategy for market segmentation to get the most out of the players in a competitive market. In his history of the Gallic Wars,

    Divide and conquer

    Divide and conquer

    Divide_and_conquer

  • Narrowcasting
  • Dissemination of information or marketing to a narrow audience

    demographics viewing such programs, advertisers can better target their markets. Pre-recorded television programs are often broadcast to captive audiences

    Narrowcasting

    Narrowcasting

  • Sub-niche market
  • In marketing, a sub-niche market is a very small market niche having specific appeal. A sub-niche is a small group of individuals removed from the mainstream

    Sub-niche market

    Sub-niche_market

  • Micromarketing
  • Marketing to tailored segments, geographies or individuals

    called hyper-segmentation which he saw as a logical extension of the market segmentation era. These approaches combine multiple segmentation variables in

    Micromarketing

    Micromarketing

  • Solar power in Italy
  • capture. Four types of CSP technologies are currently available on the market. These include parabolic troughs, Fresnel mirrors, power towers, and solar

    Solar power in Italy

    Solar_power_in_Italy

  • Jerry Wind
  • Israeli-American marketing scholar and professor

    eight-volume anthology Legends in Marketing: Yoram (Jerry) Wind. Market Segmentation (1982). ISBN 978-0201083620 The Network Imperative: How to Survive

    Jerry Wind

    Jerry_Wind

  • Sinus-Milieus
  • German social-segmentation model

    of social stratification and lifestyle-based target-group segmentation developed and marketed by the Heidelberg-based Sinus-Institut. The model places

    Sinus-Milieus

    Sinus-Milieus

  • Geotargeting
  • Website content based on a visitor's location

    In geomarketing and internet marketing, geotargeting is the method of delivering different content to visitors based on their geolocation. This includes

    Geotargeting

    Geotargeting

    Geotargeting

  • Jenny Darroch
  • Business academic in Miami

    practitioner outlets. Her work addresses how organizations translate market segmentation, consumer insight, and innovation strategy into sustainable business

    Jenny Darroch

    Jenny_Darroch

  • Shelby D. Hunt
  • American business academic (1939–2022)

    [co-authored with Dennis B.Arnett] "Market Segmentation Strategy, Competitive Advantage, and Public Policy: Grounding Segmentation Strategy in Resource-Advantage

    Shelby D. Hunt

    Shelby_D._Hunt

  • Personalized marketing
  • Marketing strategy using data analysis to deliver individualized messages and products

    It will likely be used in future of marketing strategies in competitive markets. Adapt to technology: Companies must adapt to relevant technologies in

    Personalized marketing

    Personalized_marketing

  • Linear discriminant analysis
  • Method used in statistics, pattern recognition, and other fields

    Linear discriminant analysis (LDA), normal discriminant analysis (NDA), canonical variates analysis (CVA), or discriminant function analysis is a generalization

    Linear discriminant analysis

    Linear discriminant analysis

    Linear_discriminant_analysis

  • Microtargeting
  • Usage of online data for individuals advertising

    marketing data mining techniques that are used often involve predictive market segmentation (aka cluster analysis). Microtargeting's tactics rely on transmitting

    Microtargeting

    Microtargeting

  • Values Modes
  • Values Modes is a segmentation tool in the United Kingdom, based on the British Values Survey. The Values Modes model was created in 1973, by Pat Dade

    Values Modes

    Values_Modes

  • The Greatest Story Ever Told
  • 1965 film directed by George Stevens

    country. Promotional items made available to groups identified for market segmentation included school study guides, children's books, and a reprint of

    The Greatest Story Ever Told

    The_Greatest_Story_Ever_Told

  • Demographic profile
  • Form of demographic analysis used by marketers

    Demography Geodemography Market segmentation Mass marketing Niche market Population profiling Precision marketing Psychographic Target market "Lesson 3: Creating

    Demographic profile

    Demographic profile

    Demographic_profile

  • Marketing mix
  • Model for businesses

    managerial approach that covered analysis, consumer behavior, market research, market segmentation, and planning. Philip Kotler popularised this approach and

    Marketing mix

    Marketing_mix

  • Logit analysis in marketing
  • Logit analysis is a statistical technique used in marketing research. It can be applied with regression analysis to customer targeting and to assess effectiveness

    Logit analysis in marketing

    Logit_analysis_in_marketing

  • Mass customization
  • Technology that allows bespoke aspects in mass production

    relatively high volume of product options for a relatively large market (or collection of niche markets) that demands customization, without tradeoffs in cost,

    Mass customization

    Mass_customization

  • Precision marketing
  • marketing purposes. Market segmentation evolved from simple demographics in the 1950s to geodemographics and behavioral segmentation in the 1960s (the propensity

    Precision marketing

    Precision_marketing

  • Split labor market theory
  • 1970s as an attempt to explain racial/ethnic tensions and labor market segmentation by race/ethnicity in terms of social structure and political power rather

    Split labor market theory

    Split_labor_market_theory

  • Market share analysis
  • based on the volume of business conducted; Market Segmentation Some of the factors that determine the market are price, quality, speed of service, ease

    Market share analysis

    Market_share_analysis

  • Continental Can Company
  • Former American metal container company

    to the 1964 United States v. Continental Can Co. ruling regarding market segmentation by the Supreme Court. The company bought the Standard Tin Plate Company

    Continental Can Company

    Continental_Can_Company

  • Geodemography
  • NuMaps[permanent dead link] by DemographicDrapes Demography Geodemographic segmentation "BTL Consulting -- Geodemographic Research". 30 August 2005. Archived

    Geodemography

    Geodemography

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