Major Segments For Consumer Markets

Introductionproducts according to these sizes. Sometimes,
To segment a market is to identify the fact thatdemographic segmentation may be based on ones'
certain parts of the market are different fromoccupation. For instance, consulting firms may need
others. Market segmentation is a notion associatedto use such a basis for classifying their consumers.
with target marketing because in target marketing,Social class may also be another system of
products or services are tailored for the needs ofsegmentation because it is a known fact that specific
different clientele. This approach is quite differentclasses are inclined to purchase specific commodities.
from the mass marketing concept because in massFor instance, when selling music CDS, it may be
marketing, all commodities are produced in bulk andappropriate to use such an approach because certain
they are assumed to meet similar consumer needs.consumers may prefer rap music, others may prefer
While this approach has its advantages, one cannotopera among others. Besides these, services or
ignore the fact that it disregards one of the mostproducts may also be segmented on the basis of
important rules in marketing; that consumer needsreligion. For example, a company selling religious books
and preferences rarely collude.may have to sell different commodities to Christians
The four types of segmentation variablesin comparison to their Islamic counterparts. Also,
In segmentation, variables may either besegmentation may be based on ethnicity; an example
demographic, psychographic, behavioralistic orid in China, some ethnic groups in China prefer hot
geographic. In order to ensure that segments fitand spicy food while others like it plain. It is therefore
one's clients, then one needs to ascertain that thenecessary to meet the needs of these clients
are accessible, identifiable, substantial, durable, anddifferently if one owns a chain of restaurants in
unique. (Kotler, 2007)those different regions.
GeographicPsychographic segmentation
Geographic segmentation is segmentation based onPsychographic segmentation refers to the use of
 geographical attributes. For instance consumers mayconsumer lifestyles as a basis for classifying ones'
be segmented by region. When companies choosecustomers. Since different people have different
this approach, then they might consider an entireinterests and activities, then such an approach would
continent. Such an approach is usually common inbe plausible in marketing. In this approach, companies
international companies. Sometimes, the term regionmay classify their consumer on the basis of their
can refer to a neighborhood. Many companies opt tovalues. For instance, supermarkets may have
sell different products or services to differentproducts for environmentally sensitive clients and
neighborhoods as their tastes vary. Regionalother types of consumers. They usually do this by
geographic segmentation may also encompass aoffering products that are environmentally safe.
certain state or country. A company like KentuckyPsychographic segmentation may also be based on
Fried chicken offers different varieties of chickeninterests; such is the case with sports manufacturing
depending on the prevalent tastes in a certaincompanies that offer different sporting equipment to
country. This is segmentation by region.suit different sporting needs. This type of
Geographic segmentation may also be done on thesegmentation variable may also be done on the basis
basis of climate. Usually, this is applicable when theof the consumer's opinions. Some consumers think
commodity under consideration can be affected bythat Arabica coffee tastes better than Robusta;
weather conditions. For instance, clothingconsequently, it would be shrewd for coffee
manufacturers are likely to use such a segmentmanufacturers to segment their population
because certain clothes may be appropriate in theaccordingly. (Kotler, 2007)
winter, summer etc. it is therefore necessary toBehavioralistic segmentation
meet these different needs.In this category, consumers are classified according
Sometimes geographic segmentation may refer to ato consumer reception of company products. Some
metropolitan area. In this case, the size of theconsumers may use products frequently, while others
population will determine the nature of this segment.may be first timers. In other instances, other
In other instances, population density is a basis ofconsumers may be occasional purchasers such as
geographical segmentation. In such scenarios,during the holiday season while others may be daily
companies classify their consumers on the basis ofconsumers. It is therefore necessary to offer
their rural, urban or suburban preferences. Such anproducts that fit these behavior's some consumers
approach is common among a wide range ofmay be loyal to certain brands even when they have
companies. (Kotler, 2007)not tried a specific product and this goes a long way
Demographic segmentationin changing their buying behavior. Such an approach is
Demographic segments depend on a series ofcommon in many retail outlets because they took a
attributes. This is one of the most commonvariety of items and offer clients products on the
marketing segments. Sometimes products may bebasis of these. (Kotler, 2007)
segmented on the basis of age. For instance, thereConclusion
are shoes for children, teenagers and adults. In otherSegmentation is crucial to a business because it the
instances, segmentation may be based on gender;platform against which consumer needs can be
examples here include cosmetics and jewelry. In closespecified and hence met. Companies are fond of
relation with this attribute is the issue of family size.demographic segmentation as this is the most
In such a case an individual can either be single,detectable variable.
married with children, married with no child. Usually,Reference
such concepts are common in food outlets or foodKotler, P.
manufacturing companies. They usually package their