Question

In: Economics

Using the four segmentation bases and variables of Marketing describe yourself in terms of the product...

Using the four segmentation bases and variables of Marketing describe yourself in terms of the product category of clothing.

Solutions

Expert Solution

The four types of segmentation in marketing are:

  • Demographic segmentation: the segmentation based on acquired statistical data. Well in a cloth category some of them include Age, Size, gender just to name a few. Kids have different set of designs when compared to adults. The same applies to genders and size as well. Some firms launch marketing campaign specifically targeting the plus size demographic due to the dearth in cloth choices for them.
  • Psychographic segmentation: This segmentation in marketing is done with respect to personality, preferences and characteristics of a consumer. For instance, in clothing some people might prefer luxury products over the contemporary ones, or some potential customers might be more allured towards casual clothing. Basically a segmentation based on lifestyle is made through this.
  • Behavioral segmentation: As the name suggests, this segmentation is done on the basis of the consumer's reaction and purchasing habits. In the scenario of clothing industry, this could be seen as how well a consumer engages with your brand through comments, inquiries on social media, how often do they visit the site and the coversion rate, and ofcourse their purchasing trends.
  • Geographic segmentation: probably one of the most important segmentation in marketing, this deals with consumer segmentation on the basis of country, city and in some cases climate for seasonal clothing segments. A plethora of relevance is seen in the clothing industry as well. Clothing interests suited to a particular country are marketed extensively through campaigns and affilitates. In winter season, warm clothes, sweaters, blankets are promoted more than anything else. I would say that geographic segmentation is the basis for all the others mentioned above this.

Hope this helps. Do hit the thumbs up. Cheers!


Related Solutions

Target Market - Describe the target market using market dimension variables. These are segmentation variables such...
Target Market - Describe the target market using market dimension variables. These are segmentation variables such as demographic, psychographics, behavioral or geographic. Only two or three sentences to precisely describe the typical user using these variables. Explanation of the need that this product fulfills as it relates to specific target market. Is it a “Me Too” imitator? How is it different from other product brands in the. This should also include the product positioning. Kellogg Frosted Flakes cereal as the...
describe the target market segment for COACH purses using segmentation variables
describe the target market segment for COACH purses using segmentation variables
List 4 (four) important demographic segmentation variables (with breakdown) for your chosen new product. Use a...
List 4 (four) important demographic segmentation variables (with breakdown) for your chosen new product. Use a table to present your answer.
Using the full spectrum of segmentation variables, describe how these companies( in Dominica) may have initially...
Using the full spectrum of segmentation variables, describe how these companies( in Dominica) may have initially segmented and targeted their respective Markets. (Which variables did they use to segment their market?) 1. L'Express Des Îles 2. KFC 3. Astaphans 4. Beauty Wise 5. Going Places
What are the four variables of the marketing mix?
What are the four variables of the marketing mix?
List and briefly discuss the five categories of descriptor variables for industrial marketing segmentation as described...
List and briefly discuss the five categories of descriptor variables for industrial marketing segmentation as described in the text.
1. Differentiate between Market Segmentation and Product Differentiation   2. Discuss the five Bases for Segmenting Consumer...
1. Differentiate between Market Segmentation and Product Differentiation   2. Discuss the five Bases for Segmenting Consumer Markets
Please use the appropriate variables of one segmentation method to illustrate how can marketing managers from...
Please use the appropriate variables of one segmentation method to illustrate how can marketing managers from a car company segment the market.
Describe and discuss the marketing macro environmental factors Segmentation, Target Marketing, Positioning, SWOT and PESTEL analysis....
Describe and discuss the marketing macro environmental factors Segmentation, Target Marketing, Positioning, SWOT and PESTEL analysis. How do these analytical tools affect developing a marketing plan?
Some firms choose market segments using only macro bases of segmentation; others use both macro and...
Some firms choose market segments using only macro bases of segmentation; others use both macro and micro bases for segmenting the market. As a business marketing manager, would you prefer to use only macro bases, or both macro and micro bases for market segmentation? Which factors would you consider in choosing a segmentation method? Provide illustrations to support your view
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT