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Market Segmentation – i.e. Target Market

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1 Market Segmentation – i.e. Target Market
DemographicsNow Denver Public Library

2 Main Idea Market Segmentation is instrumental to understanding customer needs and reinventing the customer relationship.

3 The students will be able to:
Objectives The students will be able to: Explain how to identify a market Utilize the Denver Library DemographicsNow database Each day go over the objectives with the students!!!!!

4 Market Identification
Demographics Psychographics Geographics

5 Logon! www.denverlibrary.org Research
Research Resources – Popular Topics - Business Business Databases – DemographicsNow Click on DemographicsNow Looking for Demographics – Start Now

6 Tutorials for Later!

7 Entire Class Practice Zip Code!
Initial Screen – Entire USA Enter Geography – type in (East High School Zip Code) Demographic Snapshot Comparison – for 80206

8 Different Report Types
Report Type – Comparison Scroll down to CEX Apparel Detail Comparison Apparel expenditures for current year averages are shown

9 Experiment Try out a couple of other report types! Discover
How people spend their $$ Demographic trends in the area Potential business ideas Bad business ideas!

10 Mosaic Household Comparison
Time to look at Demographics & Psychographics combined! Select Mosaic Household Comparison Largest Groups – Data obtained Fall 2015 C13 – Silver Sophisticates (19.0%) G25 – Urban Edge (22.3%) O54 – Striving Single Scene (32.4%) Click on the “Click Here for Mosaic Cluster Details” at the top right of the screen! Select C13 to look at the Silver Sophisticates

11 Silver Sophisticates You can read through literally 20 pages of information – text and charts describing this group! Note – Page 17!

12 Urban Edge – G25

13 Striving Single – O54

14 How do I use this?! Can directly quote material into the text.
Use Snipping Tool to incorporate charts into Word or PowerPoint document Print single pages Always make sure to cite your source – Include not only the web site (Library.demographicsnow.com) but also the Mosaic Details information!


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