Saturday, August 11, 2012

What You Should Know About Behavioral Segmentation

By Agnes Franco


One marketing tactic where consumers will be categorized based on purchasing habits is known as behavioral segmentation.One reason behind such a practice is for identifying specific groups for targeted kind of marketing. Certain practices can include special packs, promotions, along with other kinds of incentive programs.

It falls among those five varied phases involving dividing the entire market in many segments. All other phases include psychographic, demographic, natural, and even customization. This strategy is one of the early steps in the whole marketing process, where researchers do checks on products that consumers want.

Many consumer patterns will be examined in this specific process. Researchers may study the sales figures so it can determine what specific groups will buy. Also, it determines when, where, and the manner one particular group makes purchases. Its goal is gathering data according to the actual relationship a consumer has with a product.

Since this is according to activity observation, this method of analysis in marketing may be one which is straightforward. The purpose it has is developing an understanding of a segment of clients. This is according to the way this acts as well as reacts to various factors that involve that product which must be sold.

Such a method is opposed to methods where client behavior is the beginning point when determining beliefs, motives, along with other factors that inspire a purchase. Know that despite data which are collected from such a method is something useful on its own, it is something often used as the third phase. Such is among those five different segmenting methods.

The scale of ranking arranges them between the reactive and the predictive behavior. The early phases commonly are highly reactive and the phases that are further down on that scale actually are considered to be more predictive. If used altogether, these phases can provide the researchers a detailed kind of view of a specific kind of client.

Among five different methods to segment the market, one that lies on the middle section of that scale is known as behavioral segmentation. It is something lying between reactive and even predictive. Every method leads to the making of one useful product.




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