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Published byChristian Palmer Modified over 8 years ago
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TOPICS : different way of examining competitors capabilities customer analysis purpose customer segmentation
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ability to concieve and design ability to produce ability to market ability to finance ability to manage
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identify its target customer convey the needs of customer show how its products and services satisfy these needs
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it is the practise of dividing a customer base into groups of individuals that are similar in specific ways relevant to marketing such as age, gender, interest, spending habitsand so on.
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customer segmentation procedure includes: what data to be collected how it will be gathered it helps us to tailor our services to ensurethat us inclusiveand meet the requirements of all our customers
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the criteria depends ion the market segmentation. MARKET SEGMENTATION IS DONE ON FOLLOWING LINES: geographic factors demographic factors psychological factors socio cultural factors
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use related factors benefit segment combination of some of the above mentioned factors
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customer attitude marketinf implications customer needs customer behaviour and buying practises
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