Marketing Segmentation Explained Through Real Life Scenariosby Angie Cervantes Raya
Slide: 2
Introduction Part Two
Wait! What is Market Segmentation?
Market segmentation is as simple as dividing a market into groups of similar consumers
Slide: 3
Introduction Part Three
Consumers can be grouped into four main categories:Demographic, Geographic, Psychographic, and Behavioral. Let's take a look at how these play out in real life scenarios.
Slide: 4
Demographic Segmentation Pt.1
Roxy is set to perform next weekend at the local music festival with her band. She is in charge of promoting the festival around town using posters.
Slide: 5
Demographic Segmentation Pt.2
What's a music festival?
Erm... not for us
It is evident that Roxy should not choose to promote her band and the festival at a toy store, as children and their parents are not her target market.
Slide: 6
Demographic Segmentation Pt.3
Heck yeah, I'll buy tickets
Instead, Roxy will have much better luck promoting to teenagers and young adults at the club.
Slide: 7
Geographic Segmentation Pt.1
Buy Redneck Lipstick
Bobby is the owner of a barbeque sauce company. He is expanding the sales of his sauce from being strictly online to selling in stores. He must first decide where exactly to stock his product.
Slide: 8
Geographic Segmentation Pt.2
Not interested. I do not eat that.
He goes up North to test the sales of his sauce there with no luck.
Slide: 9
Geographic Segmentation Pt.3
I love BBQ, y'all. I'll try it!
On the other hand, all things BBQ are appreciated in the South. Bobby should segment his market in this way.
Slide: 10
Psychographic Segmentation Pt.1
Mary owns a local boutique. Her marketing strategy involves advertising her clothing as being high-end quality.
Slide: 11
Psychographic Segmentation Pt.2
Mary receives customers at her store, but many of them do not make a purchase. She discovers that there is a psychographic segment of her customer base that is of lower social status than she thought.
Slide: 12
Psychographic Segmentation Pt.3
Mary then changes her marketing strategy for that group from talking up the high-end quality of the product to talking about how long-lasting the product is for the cost.
Over 30 Million Storyboards Created
No Downloads, No Credit Card, and No Login Needed to Try!