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SEGMENTING YOUR
PRODUCT MARKET




             From : Digvijay Thapa
       Business Strategy Consultant
WHAT IS IT ABOUT?
Segmentation is all about your product and
market. And, how you make your product
      reach in right people's hand.
PRODUCT        MARKET         SEGMENTS
     STRATEGY         CONSUMERS
   BUT ABOVE ALL SEGMENTATION IS ABOUT

        CUSTOMERS
WHY TO WORRY ?
B2B and B2C are big markets
●   Customers are all scattered around
●   Clients/Consumers have choices
●   Your marketing budget is limited
●   Competition is too high
●   Change is going on in the markets
    AND YOU ARE BANGING YOUR HEAD
            TO ACCOMPLISH

    THE TARGET SALES
HOW IT'S AFFECTING YOU?
Your marketing effort is not paying off
  ●    Your ROI is limited or not at all
  ●    Your job is at risk or sales are not growing
  ●    You need to show the results
  ●    You are alone in the long road
  ●    Your competitors are growing
  ●    Overheads are increasing with existing
       marketing campaigns
      AND THERE IS NO LEAD GENERATION
THE QUESTION
 WHY IT'S HAPPENING?
And the answer is SIMPLE
         BECAUSE
     YOU HAVEN'T TRIED
SEGMENTATION IN YOUR
        STRATEGY
WHO IS IT FOR ?
          This relates to every business
Whether you are in service, manufacturing, wholesaler
               retailer or hospitality
   YOU HAVE TO SEGMENT YOUR CUSTOMERS
IF YOU WANT TO REACH THE RIGHT
                CUSTOMERS
HOW YOU DO IT ?
● GEOGRAPHIC
● DEMOGRAPHIC
● PSYCHOGRAPHIC
● BEHAVIOURAL
|INDIVIDUAL | TASTE |
| PREFERENCES |PRICE | Culture |
And Many More...
         BREAK THE WHOLE MARKET
        DIVIDE AND RULE
SMALL PROCESS FOR B2B
                       SEGMENTATION
Get all the info of your customers
●   Manage your email or database         GET
●   Analyze the preferences              INTO
●   Analyse the past buying behaviour   ACTION
●   Categorize your customers
●   Divide them into groups
●   Target your marketing efforts
●   Analyze your campaign results
LIKE THE PAGE ON




www.forgottensutra.blogspot.com

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Segmenting your product market

  • 1. SEGMENTING YOUR PRODUCT MARKET From : Digvijay Thapa Business Strategy Consultant
  • 2. WHAT IS IT ABOUT? Segmentation is all about your product and market. And, how you make your product reach in right people's hand. PRODUCT MARKET SEGMENTS STRATEGY CONSUMERS BUT ABOVE ALL SEGMENTATION IS ABOUT CUSTOMERS
  • 3. WHY TO WORRY ? B2B and B2C are big markets ● Customers are all scattered around ● Clients/Consumers have choices ● Your marketing budget is limited ● Competition is too high ● Change is going on in the markets AND YOU ARE BANGING YOUR HEAD TO ACCOMPLISH THE TARGET SALES
  • 4. HOW IT'S AFFECTING YOU? Your marketing effort is not paying off ● Your ROI is limited or not at all ● Your job is at risk or sales are not growing ● You need to show the results ● You are alone in the long road ● Your competitors are growing ● Overheads are increasing with existing marketing campaigns AND THERE IS NO LEAD GENERATION
  • 5. THE QUESTION WHY IT'S HAPPENING? And the answer is SIMPLE BECAUSE YOU HAVEN'T TRIED SEGMENTATION IN YOUR STRATEGY
  • 6. WHO IS IT FOR ? This relates to every business Whether you are in service, manufacturing, wholesaler retailer or hospitality YOU HAVE TO SEGMENT YOUR CUSTOMERS IF YOU WANT TO REACH THE RIGHT CUSTOMERS
  • 7. HOW YOU DO IT ? ● GEOGRAPHIC ● DEMOGRAPHIC ● PSYCHOGRAPHIC ● BEHAVIOURAL |INDIVIDUAL | TASTE | | PREFERENCES |PRICE | Culture | And Many More... BREAK THE WHOLE MARKET DIVIDE AND RULE
  • 8. SMALL PROCESS FOR B2B SEGMENTATION Get all the info of your customers ● Manage your email or database GET ● Analyze the preferences INTO ● Analyse the past buying behaviour ACTION ● Categorize your customers ● Divide them into groups ● Target your marketing efforts ● Analyze your campaign results
  • 9. LIKE THE PAGE ON www.forgottensutra.blogspot.com