3. Levels of Market Segmentation Mass Marketing or Undifferentiated Marketing e.g. Ruf & Tuf Jeans, Segment Marketing - Cars Niche Marketing – specialize to a narrowly defined customer group – Temple jewellery for South Indian women wanting to take part in cultural programmes Local Marketing – Market around sector 44 Individual Marketing One to One Marketing Mass customization – ability to prepare on a mass basis individually designed products
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6. Behavioral Segmentation - based on buyer’s knowledge of, attitude towards, use of, or response to a product Occasions – Marriage, Birth – Archies and Hallmark cards Benefits – In soaps - Dettol – antiseptic, Lux – Beauty User Status – Non users, first time users, potential users, regular user Usage rate – Light users, medium users, heavy users Buyer Readiness State – Cold Prospect, Hot Prospect Loyalty status – Hard Core Loyals, Split Loyals, Shifting Loyals, Switchers Attitude – enthusiastic, positive, indifferent, negative, hostile
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11. Conditions fro Effective Market Segmentation 1.Measurable 2.Accessible Profitable Data Availability Customer Oriented Philosophy Enables Tailoring of marketing Programme Enables Development of strong positioning of Brand
![Marketer can target a market with two broad strategies. Mass Market Strategy Market Segmentation strategy ,[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)