SlideShare a Scribd company logo
1 of 21
Download to read offline
Psychographic Segmentation 
& Target Audience 
in 
Online Marketing
Merriam Webster: “market research or statistics classifying population groups according to psychological variables (as attitudes, values, or fears); also : variables or trends identified through such research” 
Definition of PSYCHOGRAPHICS
Psychographics is about using the demographic information you have for your buyer persona to figure out more about their lifestyle, their behaviors and their habits.
How to find the Psychographic Data? 
1) Marketing Data 
2) Sales and Customer Service Teams 
3) Surveys 
4) Social Media 
5) Focus Groups or Group Interviews
How to find the Psychographic Data? 
Read the detailed articles about obtaining Psychographic Data 
Psychographic Marketing and Tagrget Audience [infographic] 
How to Obtain Psychographic Data of Your Target Audience 
How to Use Psychographic Data in your Online Marketing [Infographic]
Psychographic Segmentation 
Psychographic segmentation divides the market into groups based on social class, lifestyle and personality characteristics
Psychographic Segmentation 
Social class is the single most used variable for research purposes, and divides the population into groups based on the occupation of the 'Chief Income Earner' (CIE), as such it can be seen as a socio-economic scale. 
1) Social Class
Psychographic Segmentation 
The socio-economic scale 
Social grade 
Description of occupation 
Example 
A 
higher managerial, administrative or professional 
Company director 
B 
intermediate managerial, administrative or professional 
Middle manager 
C1 
supervisory, clerical, junior administrative or professional 
Bank clerk 
C2 
skilled manual workers 
Plumber 
D 
semi- and unskilled manual workers 
Labourer 
E 
state pensioners with no other income, widows, casual and lowest grade earners 
Unemployed
Psychographic Segmentation 
One example of a life style classification model, is that developed by the advertising agency, Young & Rubican, called Cross Cultural Consumer Characterization (4Cs for short). This classification model is presented in the table below 
2) Lifestyle
Psychographic Segmentation 
Cross Cultural Consumer Characterization 
Resigned 
Rigid, strict, authoritarian and chauvinist values, oriented to the past and to Resigned roles. Brand choice stresses safety, familiarity and economy. (Older) 
Struggler 
Alienated, Struggler, disorganised - with few resources apart from physical/mechanical skills (e.g. car repair). Heavy consumers of alcohol, junk food and lotteries, also trainers. Brand choice involves impact and sensation. 
Mainstreamer 
Domestic, conformist, conventional, sentimental, passive, habitual. Part of the mass, favouring big and well-known value for money 'family' brands. Almost invariably the largest 4Cs group. 
Aspirer 
Materialistic, acquisitive, affiliative, oriented to extrinsics ... image, appearance, charisma, persona and fashion. Attractive packaging more important than quality of contents. (Younger, clerical/sales type occupation) 
Succeeder 
Strong goal orientation, confidence, work ethic, organisation ... support status quo, stability. Brand choice based on reward, prestige - the very best . Also attracted to 'caring' and protective brands ... stress relief. (Top management) 
Explorer 
Energy - autonomy, experience, challenge, new frontiers. Brand choice highlights difference, sensation, adventure, indulgence and instant effect - the first to try new brands. (Younger - student) 
Reformer 
Freedom from restriction, personal growth, social awareness, value for time, independent judgement, tolerance of complexity, anti-materialistic but intolerant of bad taste. Curious and enquiring, support growth of new product categories. Select brands for intrinsic quality, favouring natural simplicity, small is beautiful.(Higher Education)
Psychographic Segmentation 
Behavioural segmentation divides the market into groups based on their knowledge, attitudes, uses and responses to the product. 
Following are commonly applied behavioural segments 
3) Behavioural segmentation
Psychographic Segmentation 
Behavioural segmentation 
Occasions 
Groups individuals according to the occasions when they purchase, use or think of buying a product. 
Benefits Sought 
Groups individuals according to the benefits they seek from the product. 
Usage Rate 
Groups individuals according to the level of usage they make of the product, be it Heavy, Medium or Light usage. 
User Status 
Groups individuals according to whether they are non-users, potential users, first-time users, regular users, or ex-users of a product 
Loyalty Status 
Groups individuals according to their level of loyalty to the product. 'Hard core loyals' always purchase the product / brand in question. Whilst 'Soft core loyals' will sometimes purchase another brand, and 'Switchers' will not specifically seek out a particular brand, but rather purchase the brand available to them at time of need, or that which was on sale.
Psychographic Segmentation 
Groups individuals according to their readiness to purchase the product. This segmentation model is particularly useful in formulating and monitoring the marketing communication strategies employed to move consumers towards purchase of a product or brand. 
4) Buyer Readiness Stage
Buy 
Conviction 
Preference 
Liking 
Knowledge 
Awareness 
Psychographic Segmentation 
Buyer Readiness Stages
Psychographic Segmentation 
Stage 1. Awareness 
At the launch of a new product, the target market may not even be aware that the product exists, even established products seeking to enter new segments of the market may need to raise awareness of both their company and their product. The now infamous Benetton promotion campaigns had as one of their objectives, raising awareness of the Benetton brand, and what ever you think of the methods the company used, the fact remains that Benetton became one of the 5 most recognised brands in the world. 
Buyer Readiness Stage s 
Buy 
Conviction 
Preference 
Liking 
Knowledge 
Awareness
Psychographic Segmentation 
Stage 2. Knowledge 
The audience may well be aware of a product or company, but still have either very little knowledge of what the product or company does, or possibly worse have the wrong impression of both the product and company. Daewoo when it first entered the UK Car Market, had to go about educating the target market about both its products and the company itself, early promotional material therefore informed the audience about the size, history and strength of the company. 
Buyer Readiness Stage s 
Buy 
Conviction 
Preference 
Liking 
Knowledge 
Awareness
Psychographic Segmentation 
Stage 3. Liking 
Knowing about a company or product does not mean the audience will necessarily like either, they may well be ambivalent, have no feeling at all, or even dislike the product. An audience with knowledge of a product must therefore be moved to the stage of liking the product. Promotion must seek to develop a positive attitude towards the product, or if market research identifies a poor product image in the market, promotion must seek to address these issues within its promotional campaign. IKEA addressed head-on the target markets concerns, that much of their furniture has to be assembled after purchase, and that there are limited staff available on the shop floor, cleverly turning what the audience may well have originally perceived as negatives into positives of shopping at IKEA. 
Buyer Readiness Stage s 
Buy 
Conviction 
Preference 
Liking 
Knowledge 
Awareness
Psychographic Segmentation 
Stage 4. Preference 
Given the level of competition in markets today, it is often the case that the potential customer will like several competing products on the market, promotion must now therefore seek to develop within the audience a preference for their product. Through research the business must establish the key features of the product in the eyes of the target market, these might include efficiency, performance, economy, value, and quality. Promotion will now therefore underline the advantages of the product in terms of these key features, which differentiate it from the competition. 
Buyer Readiness Stage s 
Buy 
Conviction 
Preference 
Liking 
Knowledge 
Awareness
Psychographic Segmentation 
Stage 5. Conviction 
An audience which prefers a particular product, may still not buy that product based on pure preference. In fact many customers will purchase a competitors product which they did not prefer purely because they were convinced it was the right decision at that time. Promotion must now build confidence in the audience that their preference for the product is justified, and convince them through a range of promotion tools including for example the use of positive press reviews, and expert recommendations that their product is the right one to buy. 
Buyer Readiness Stage s 
Buy 
Conviction 
Preference 
Liking 
Knowledge 
Awareness
Psychographic Segmentation 
Stage 6. Purchase 
The last stage in buyer-readiness is purchase of the product, unfortunately conviction to buy may still not result in actual purchase, this may for example be due to the individuals current financial situation. Many customers will need further persuasion to make the purchase. Promotion may offer Sales Promotion discounts, or Personal Selling through Sales Representatives, in order to convert preference and conviction into a sale. 
Buyer Readiness Stage s 
Buy 
Conviction 
Preference 
Liking 
Knowledge 
Awareness
Document Presented by 
SusanGilbert.com 
Credit: http://www.examstutor.com 
http://blog.hubspot.com/ 
http://susangilbert.com/

More Related Content

What's hot

Chapter 1 brands and brand management
Chapter 1   brands and brand managementChapter 1   brands and brand management
Chapter 1 brands and brand managementgabbsy
 
What is a brand, and how does branding work ?
What is a brand, and how does branding work ?What is a brand, and how does branding work ?
What is a brand, and how does branding work ?Sameer Mathur
 
Tide Market analysis
Tide Market analysisTide Market analysis
Tide Market analysisAkash Patil
 
SEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONINGSEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONINGVIRUPAKSHA GOUD
 
Brand Loyalty (Consumer Behaviour)
Brand Loyalty (Consumer Behaviour)Brand Loyalty (Consumer Behaviour)
Brand Loyalty (Consumer Behaviour)Mohit Sarohi
 
Brand positioning
Brand positioning Brand positioning
Brand positioning Er Gupta
 
Chap 10 – Crafting the Brand Positioning
Chap 10 – Crafting the Brand PositioningChap 10 – Crafting the Brand Positioning
Chap 10 – Crafting the Brand Positioningk3llycr1s0st
 
Branding and Brand Positioning / Marketing Management By Kotler Keller
Branding and Brand Positioning / Marketing Management By Kotler KellerBranding and Brand Positioning / Marketing Management By Kotler Keller
Branding and Brand Positioning / Marketing Management By Kotler KellerChoudhry Asad
 
Marketing strategies
Marketing strategiesMarketing strategies
Marketing strategiesmarketpedia_k
 
Market segmentation in Consumer Behavior
Market segmentation in Consumer BehaviorMarket segmentation in Consumer Behavior
Market segmentation in Consumer BehaviorDr. Ahmad Faraz
 
Criteria for selecting brand elements
Criteria for selecting brand elementsCriteria for selecting brand elements
Criteria for selecting brand elementsazizsw4u
 
The Marketing Plan
The Marketing PlanThe Marketing Plan
The Marketing PlanNCVPS
 
Brand positioning
Brand positioning Brand positioning
Brand positioning Er Gupta
 
STP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningSTP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningsavi maha
 
Identifying Market Segments and Targets
Identifying Market Segments and TargetsIdentifying Market Segments and Targets
Identifying Market Segments and TargetsNishant Agrawal
 

What's hot (20)

Chapter 1 brands and brand management
Chapter 1   brands and brand managementChapter 1   brands and brand management
Chapter 1 brands and brand management
 
What is a brand, and how does branding work ?
What is a brand, and how does branding work ?What is a brand, and how does branding work ?
What is a brand, and how does branding work ?
 
Tide Market analysis
Tide Market analysisTide Market analysis
Tide Market analysis
 
Market positioning
Market positioningMarket positioning
Market positioning
 
Brand positioning and identification
Brand positioning and identificationBrand positioning and identification
Brand positioning and identification
 
Brand Repositioning
Brand RepositioningBrand Repositioning
Brand Repositioning
 
SEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONINGSEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONING
 
Brand Loyalty (Consumer Behaviour)
Brand Loyalty (Consumer Behaviour)Brand Loyalty (Consumer Behaviour)
Brand Loyalty (Consumer Behaviour)
 
Brand positioning
Brand positioning Brand positioning
Brand positioning
 
Chap 10 – Crafting the Brand Positioning
Chap 10 – Crafting the Brand PositioningChap 10 – Crafting the Brand Positioning
Chap 10 – Crafting the Brand Positioning
 
Branding and Brand Positioning / Marketing Management By Kotler Keller
Branding and Brand Positioning / Marketing Management By Kotler KellerBranding and Brand Positioning / Marketing Management By Kotler Keller
Branding and Brand Positioning / Marketing Management By Kotler Keller
 
Marketing strategies
Marketing strategiesMarketing strategies
Marketing strategies
 
Market segmentation in Consumer Behavior
Market segmentation in Consumer BehaviorMarket segmentation in Consumer Behavior
Market segmentation in Consumer Behavior
 
Criteria for selecting brand elements
Criteria for selecting brand elementsCriteria for selecting brand elements
Criteria for selecting brand elements
 
The Marketing Plan
The Marketing PlanThe Marketing Plan
The Marketing Plan
 
Brand positioning
Brand positioning Brand positioning
Brand positioning
 
STP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningSTP: segmentation, targeting and positioning
STP: segmentation, targeting and positioning
 
Identifying Market Segments and Targets
Identifying Market Segments and TargetsIdentifying Market Segments and Targets
Identifying Market Segments and Targets
 
Brand Extension
Brand ExtensionBrand Extension
Brand Extension
 
Marketing Channel Structure and Functions
Marketing Channel Structure and FunctionsMarketing Channel Structure and Functions
Marketing Channel Structure and Functions
 

Similar to Psychographic Segmentation and Target Audience in Online Marketing

Young Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn Hiển
Young Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn HiểnYoung Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn Hiển
Young Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn HiểnGiang Nguyễn
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviourMadhuKar Rai
 
25 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 225 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 2guest94d217
 
25 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 225 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 2Saurabh Aggarwal
 
Market Segmentation.pdf
Market Segmentation.pdfMarket Segmentation.pdf
Market Segmentation.pdfssuser9bcbbc
 
Behavioural Segmentation of Market
Behavioural Segmentation of MarketBehavioural Segmentation of Market
Behavioural Segmentation of MarketKaushik Deb
 
Marketing Messaging 101
Marketing Messaging 101Marketing Messaging 101
Marketing Messaging 101Ed Mazza
 
Introduction+to+advertising+strategies
Introduction+to+advertising+strategiesIntroduction+to+advertising+strategies
Introduction+to+advertising+strategiesMrr Dhruv Heart Hacker
 
Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan karventhanps
 
206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docx
206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docx206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docx
206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docxfelicidaddinwoodie
 
Marketing messaging 101
Marketing messaging 101Marketing messaging 101
Marketing messaging 101Ed Mazza
 
Marketing messaging 101
Marketing messaging 101Marketing messaging 101
Marketing messaging 101Ed Mazza
 
Lecture 3 consumer decision making
Lecture 3 consumer decision makingLecture 3 consumer decision making
Lecture 3 consumer decision makingJudith Ruga
 
An PPT on Consumer Behaviour and Market Segmentation
An PPT on Consumer Behaviour and Market SegmentationAn PPT on Consumer Behaviour and Market Segmentation
An PPT on Consumer Behaviour and Market SegmentationMOHD AMAAN HASAN
 
Report IssueLearning ObjectivesUpon completion of the cour
Report IssueLearning ObjectivesUpon completion of the courReport IssueLearning ObjectivesUpon completion of the cour
Report IssueLearning ObjectivesUpon completion of the courfelipaser7p
 
Sale responsive models
Sale responsive modelsSale responsive models
Sale responsive modelsAkshay Yadav
 
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên VânYoung Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên VânNgọc Khánh Phạm
 

Similar to Psychographic Segmentation and Target Audience in Online Marketing (20)

Young Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn Hiển
Young Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn HiểnYoung Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn Hiển
Young Marketers Elite 3 - Assignment zero - Đình Giang + Phúc Hậu + Văn Hiển
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
 
25 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 225 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 2
 
25 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 225 Keys To Sales & Marketing 2
25 Keys To Sales & Marketing 2
 
Britania
BritaniaBritania
Britania
 
Market Segmentation.pdf
Market Segmentation.pdfMarket Segmentation.pdf
Market Segmentation.pdf
 
Behavioural Segmentation of Market
Behavioural Segmentation of MarketBehavioural Segmentation of Market
Behavioural Segmentation of Market
 
Marketing Messaging 101
Marketing Messaging 101Marketing Messaging 101
Marketing Messaging 101
 
Introduction+to+advertising+strategies
Introduction+to+advertising+strategiesIntroduction+to+advertising+strategies
Introduction+to+advertising+strategies
 
Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan
 
206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docx
206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docx206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docx
206MKT Applied AdvertisingWeek 3 Workshop BConsumer Behavi.docx
 
Marketing messaging 101
Marketing messaging 101Marketing messaging 101
Marketing messaging 101
 
Marketing messaging 101
Marketing messaging 101Marketing messaging 101
Marketing messaging 101
 
Lecture 3 consumer decision making
Lecture 3 consumer decision makingLecture 3 consumer decision making
Lecture 3 consumer decision making
 
An PPT on Consumer Behaviour and Market Segmentation
An PPT on Consumer Behaviour and Market SegmentationAn PPT on Consumer Behaviour and Market Segmentation
An PPT on Consumer Behaviour and Market Segmentation
 
Report IssueLearning ObjectivesUpon completion of the cour
Report IssueLearning ObjectivesUpon completion of the courReport IssueLearning ObjectivesUpon completion of the cour
Report IssueLearning ObjectivesUpon completion of the cour
 
Chapter 6
Chapter 6Chapter 6
Chapter 6
 
Sale responsive models
Sale responsive modelsSale responsive models
Sale responsive models
 
CONSUMER-EDUCATION.pdf
CONSUMER-EDUCATION.pdfCONSUMER-EDUCATION.pdf
CONSUMER-EDUCATION.pdf
 
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên VânYoung Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
 

More from Online Promotion Success, Inc.

More from Online Promotion Success, Inc. (7)

Creating Content that Appeals to a Mobile Audience
Creating Content that Appeals to a Mobile AudienceCreating Content that Appeals to a Mobile Audience
Creating Content that Appeals to a Mobile Audience
 
New Study: How Brands Respond on Twitter
New Study: How Brands Respond on TwitterNew Study: How Brands Respond on Twitter
New Study: How Brands Respond on Twitter
 
12 ways trending twitter topics and hashtags may not be working for you
12 ways trending twitter topics and hashtags may not be working for you12 ways trending twitter topics and hashtags may not be working for you
12 ways trending twitter topics and hashtags may not be working for you
 
Achieve Better Conversions Using Custom Audiences in Facebook Ads
Achieve Better Conversions Using Custom Audiences in Facebook AdsAchieve Better Conversions Using Custom Audiences in Facebook Ads
Achieve Better Conversions Using Custom Audiences in Facebook Ads
 
5 Steps to Content Marketing Success
5 Steps to Content Marketing Success5 Steps to Content Marketing Success
5 Steps to Content Marketing Success
 
Facebook Groups & Pages Benefit Work Together
Facebook Groups & Pages Benefit Work TogetherFacebook Groups & Pages Benefit Work Together
Facebook Groups & Pages Benefit Work Together
 
Klout Score: Social Media Influence
Klout Score: Social Media InfluenceKlout Score: Social Media Influence
Klout Score: Social Media Influence
 

Recently uploaded

Codes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptxCodes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptxGeorgeCulica
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...Hugues Rey
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligenceHinde Lamrani
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessLiv Day
 
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...LazarinaStoyanova
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisjunaid794917
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project VideoSineadBidwell
 
Understand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMUnderstand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMsearchextensionin
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingDaniel
 
Codes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxCodes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxGeorgeCulica
 
Infographics about SEO strategies and uses
Infographics about SEO strategies and usesInfographics about SEO strategies and uses
Infographics about SEO strategies and usesbhavanirupeshmoksha
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingShauryaBadaya
 
social media optimization complete indroduction
social media optimization complete indroductionsocial media optimization complete indroduction
social media optimization complete indroductioninfoshraddha747
 
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local LeadsSearch Engine Journal
 
Common Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityCommon Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityMonishka Adhikari
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainBanyanbrain
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignnersmuntasibkhan58
 
Fiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFarrel Brest
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management NotesKiranTiwari42
 
Master the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfMaster the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfHigher Education Marketing
 

Recently uploaded (20)

Codes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptxCodes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptx
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligence
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise Success
 
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysis
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project Video
 
Understand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMUnderstand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMM
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate Marketing
 
Codes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxCodes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptx
 
Infographics about SEO strategies and uses
Infographics about SEO strategies and usesInfographics about SEO strategies and uses
Infographics about SEO strategies and uses
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet Marketing
 
social media optimization complete indroduction
social media optimization complete indroductionsocial media optimization complete indroduction
social media optimization complete indroduction
 
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
 
Common Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityCommon Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic Creativity
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | Banyanbrain
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignners
 
Fiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview Assignment
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management Notes
 
Master the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfMaster the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdf
 

Psychographic Segmentation and Target Audience in Online Marketing

  • 1. Psychographic Segmentation & Target Audience in Online Marketing
  • 2. Merriam Webster: “market research or statistics classifying population groups according to psychological variables (as attitudes, values, or fears); also : variables or trends identified through such research” Definition of PSYCHOGRAPHICS
  • 3. Psychographics is about using the demographic information you have for your buyer persona to figure out more about their lifestyle, their behaviors and their habits.
  • 4. How to find the Psychographic Data? 1) Marketing Data 2) Sales and Customer Service Teams 3) Surveys 4) Social Media 5) Focus Groups or Group Interviews
  • 5. How to find the Psychographic Data? Read the detailed articles about obtaining Psychographic Data Psychographic Marketing and Tagrget Audience [infographic] How to Obtain Psychographic Data of Your Target Audience How to Use Psychographic Data in your Online Marketing [Infographic]
  • 6. Psychographic Segmentation Psychographic segmentation divides the market into groups based on social class, lifestyle and personality characteristics
  • 7. Psychographic Segmentation Social class is the single most used variable for research purposes, and divides the population into groups based on the occupation of the 'Chief Income Earner' (CIE), as such it can be seen as a socio-economic scale. 1) Social Class
  • 8. Psychographic Segmentation The socio-economic scale Social grade Description of occupation Example A higher managerial, administrative or professional Company director B intermediate managerial, administrative or professional Middle manager C1 supervisory, clerical, junior administrative or professional Bank clerk C2 skilled manual workers Plumber D semi- and unskilled manual workers Labourer E state pensioners with no other income, widows, casual and lowest grade earners Unemployed
  • 9. Psychographic Segmentation One example of a life style classification model, is that developed by the advertising agency, Young & Rubican, called Cross Cultural Consumer Characterization (4Cs for short). This classification model is presented in the table below 2) Lifestyle
  • 10. Psychographic Segmentation Cross Cultural Consumer Characterization Resigned Rigid, strict, authoritarian and chauvinist values, oriented to the past and to Resigned roles. Brand choice stresses safety, familiarity and economy. (Older) Struggler Alienated, Struggler, disorganised - with few resources apart from physical/mechanical skills (e.g. car repair). Heavy consumers of alcohol, junk food and lotteries, also trainers. Brand choice involves impact and sensation. Mainstreamer Domestic, conformist, conventional, sentimental, passive, habitual. Part of the mass, favouring big and well-known value for money 'family' brands. Almost invariably the largest 4Cs group. Aspirer Materialistic, acquisitive, affiliative, oriented to extrinsics ... image, appearance, charisma, persona and fashion. Attractive packaging more important than quality of contents. (Younger, clerical/sales type occupation) Succeeder Strong goal orientation, confidence, work ethic, organisation ... support status quo, stability. Brand choice based on reward, prestige - the very best . Also attracted to 'caring' and protective brands ... stress relief. (Top management) Explorer Energy - autonomy, experience, challenge, new frontiers. Brand choice highlights difference, sensation, adventure, indulgence and instant effect - the first to try new brands. (Younger - student) Reformer Freedom from restriction, personal growth, social awareness, value for time, independent judgement, tolerance of complexity, anti-materialistic but intolerant of bad taste. Curious and enquiring, support growth of new product categories. Select brands for intrinsic quality, favouring natural simplicity, small is beautiful.(Higher Education)
  • 11. Psychographic Segmentation Behavioural segmentation divides the market into groups based on their knowledge, attitudes, uses and responses to the product. Following are commonly applied behavioural segments 3) Behavioural segmentation
  • 12. Psychographic Segmentation Behavioural segmentation Occasions Groups individuals according to the occasions when they purchase, use or think of buying a product. Benefits Sought Groups individuals according to the benefits they seek from the product. Usage Rate Groups individuals according to the level of usage they make of the product, be it Heavy, Medium or Light usage. User Status Groups individuals according to whether they are non-users, potential users, first-time users, regular users, or ex-users of a product Loyalty Status Groups individuals according to their level of loyalty to the product. 'Hard core loyals' always purchase the product / brand in question. Whilst 'Soft core loyals' will sometimes purchase another brand, and 'Switchers' will not specifically seek out a particular brand, but rather purchase the brand available to them at time of need, or that which was on sale.
  • 13. Psychographic Segmentation Groups individuals according to their readiness to purchase the product. This segmentation model is particularly useful in formulating and monitoring the marketing communication strategies employed to move consumers towards purchase of a product or brand. 4) Buyer Readiness Stage
  • 14. Buy Conviction Preference Liking Knowledge Awareness Psychographic Segmentation Buyer Readiness Stages
  • 15. Psychographic Segmentation Stage 1. Awareness At the launch of a new product, the target market may not even be aware that the product exists, even established products seeking to enter new segments of the market may need to raise awareness of both their company and their product. The now infamous Benetton promotion campaigns had as one of their objectives, raising awareness of the Benetton brand, and what ever you think of the methods the company used, the fact remains that Benetton became one of the 5 most recognised brands in the world. Buyer Readiness Stage s Buy Conviction Preference Liking Knowledge Awareness
  • 16. Psychographic Segmentation Stage 2. Knowledge The audience may well be aware of a product or company, but still have either very little knowledge of what the product or company does, or possibly worse have the wrong impression of both the product and company. Daewoo when it first entered the UK Car Market, had to go about educating the target market about both its products and the company itself, early promotional material therefore informed the audience about the size, history and strength of the company. Buyer Readiness Stage s Buy Conviction Preference Liking Knowledge Awareness
  • 17. Psychographic Segmentation Stage 3. Liking Knowing about a company or product does not mean the audience will necessarily like either, they may well be ambivalent, have no feeling at all, or even dislike the product. An audience with knowledge of a product must therefore be moved to the stage of liking the product. Promotion must seek to develop a positive attitude towards the product, or if market research identifies a poor product image in the market, promotion must seek to address these issues within its promotional campaign. IKEA addressed head-on the target markets concerns, that much of their furniture has to be assembled after purchase, and that there are limited staff available on the shop floor, cleverly turning what the audience may well have originally perceived as negatives into positives of shopping at IKEA. Buyer Readiness Stage s Buy Conviction Preference Liking Knowledge Awareness
  • 18. Psychographic Segmentation Stage 4. Preference Given the level of competition in markets today, it is often the case that the potential customer will like several competing products on the market, promotion must now therefore seek to develop within the audience a preference for their product. Through research the business must establish the key features of the product in the eyes of the target market, these might include efficiency, performance, economy, value, and quality. Promotion will now therefore underline the advantages of the product in terms of these key features, which differentiate it from the competition. Buyer Readiness Stage s Buy Conviction Preference Liking Knowledge Awareness
  • 19. Psychographic Segmentation Stage 5. Conviction An audience which prefers a particular product, may still not buy that product based on pure preference. In fact many customers will purchase a competitors product which they did not prefer purely because they were convinced it was the right decision at that time. Promotion must now build confidence in the audience that their preference for the product is justified, and convince them through a range of promotion tools including for example the use of positive press reviews, and expert recommendations that their product is the right one to buy. Buyer Readiness Stage s Buy Conviction Preference Liking Knowledge Awareness
  • 20. Psychographic Segmentation Stage 6. Purchase The last stage in buyer-readiness is purchase of the product, unfortunately conviction to buy may still not result in actual purchase, this may for example be due to the individuals current financial situation. Many customers will need further persuasion to make the purchase. Promotion may offer Sales Promotion discounts, or Personal Selling through Sales Representatives, in order to convert preference and conviction into a sale. Buyer Readiness Stage s Buy Conviction Preference Liking Knowledge Awareness
  • 21. Document Presented by SusanGilbert.com Credit: http://www.examstutor.com http://blog.hubspot.com/ http://susangilbert.com/