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SubmittedBy-
• Mustahid Ali
• Soumya Mukherjee
• Bhavesh Bhansali
• Sachin Pratap Singh
• Nivedita SubBaram
• Megha Malviya
 Age
 Some products are marketed to
specific age groups
Dr. Rosenbloom
 Income Level
 Some products are marketed to
consumers with different income
levels
 Family
 Some products are marketed to
consumers with special family
consideration
 Family Life Cycle
 Bachelor, marriage, married
with children, retired, etc.
 Education
 Some products are marketed to
consumers with certain
educational levels
 Ethnicity
 Some products are marketed to
consumers from specific ethnic
backgrounds
 Region
 Size of metropolitan area
 Population density
 Climate
 Markets can be segmented by how often or
how heavily consumers use a specific product
 80/20 Principle - 80% of revenue generated
by 20% of customers
Light Users
Heavy Users
Grouping customers together based on:
Social class
Lifestyles
Psychological characteristics
(attitudes, interests and opinions)
 1) Focus of the Company
 2) Increase in competitiveness
 3) Market expansion
 4) Increases profitability
 1) Segments are too small
 2) Consumers are misinterpreted
 4) There are too many brands
 3) Costing is not taken into consideration
Effective Segmentation
Criteria
Measurable
Accessible
Actionable
Substantial
Differentiable
Lets take an example to
illustrate Segmentation:
Too much Work Pressure
Do not differentiate among
products/Services
Usually Wants a way out
Are not Brand Loyalists
Price not an issue
Mr/Ms Tender
Not too much Work Pressure
Differentiates among
products/Service
Takes Care before selecting a
Product/Service
Are Brand Loyalists
Price may or may not be an issue
Segmentation
The High school Diva
Image and Look Conscious
Differentiates among
products/Service
Takes Care before selecting a
Product/Service
Nothing better than being Popular
Price may or may not be an issue
The Geeky Geeks
Differentiates among products/Service
Takes Care before selecting a
Product/Service
Loves to play around with new Softwares
Love Comics
Price may or may not be an issue
Advertisers
Differentiates among
products/Service
Takes Care before selecting a
Product/Service
Price not be an issue
In the Rush for Promoting
Good Revenue Generator
Busy Bee
27%
High
School
Diva
23%
Advertiser
23%
Mr/Ms
Tender
18%
Geeky
Geek
9%
Strenth (%)
Age (Years)
Sex
Care
Quotient
Narcissism
Work Level
Tech Savvy
Occasion
Driven
Segment
Attractivenes
s
Busy Bees
30-50
Male
Low
Low/Medium
Very High
High
Very High
Very High
Low
Mr/Ms Tender
20-40
F/M
Very High
Low
High/Medium
Medium
High
High
Medium
The High
School
Diva
16-23
Female
High
Very High
Low
High
Medium
Very High
High
The Geeky
Geeks
17-25
Male
Medium/Low
Low/Medium
Low
Very High
Low
High
High
Advertisers
25+
M/F
High
Medium/High
High/Medium
High
Very High
High
Low
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Consumer Behavior Analysis, Segmentation, demographic segmentation