how to segment different product according to their nature

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Name: Ghafoor Lala Dept: JMC Semester: 5 th Kohat University of Science and Technology.

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market segmentation of lux in pakistan in order to get deep understanding on market segmentation

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Page 1: how to segment different product according to their nature

Name: Ghafoor LalaDept: JMC

Semester: 5th Kohat University of Science and

Technology.

Page 2: how to segment different product according to their nature
Page 3: how to segment different product according to their nature

Marketing SEGMENTATION Market segmentation:  is

a marketing strategy which involves dividing a broad target market into subsets of consumers, who have common needs, interests, and priorities, and then designing and implementing strategies to target them.

Page 4: how to segment different product according to their nature

Types of Market segmentation

Page 5: how to segment different product according to their nature

Geographic segmentationGeographic segmentation divides the

market into different geographical units such as nations, regions, states, counties, or cities.

Page 6: how to segment different product according to their nature

Demographic segmentationDemographic segmentation divides the

market into groups based on variables such as age, gender, family size, family life cycle, income, occupation, education, religion, race, generation, and nationality

Page 7: how to segment different product according to their nature

Contd..Demographic segmentation is the most

popular segmentation method because consumer needs, wants, and usage often vary closely with demographic variables and are easier to measure than other types of variables

Page 8: how to segment different product according to their nature

Psychographic segmentationPsychographic segmentation divides

buyers into different groups based on social class, lifestyle, or personality traits.

Page 9: how to segment different product according to their nature

Behavioral segmentationBehavioral segmentation divides buyers

into groups based on their knowledge, attitudes, uses, or responses to a product

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IntroductionLux is currently a product of Unilever. The

name "Lux" was chosen as the Latin word for "light" and because it was suggestive of "luxury.

In Pakistan Lux was first introduced in 1957 and till now Lux has become one of the top soap in Pakistan.

Page 12: how to segment different product according to their nature

Market Segmentation of LUXUnilever Pakistan Ltd. segments their market

according to geographical areas. The population of the country is segmented into three parts which are urban, sub urban and rural area consumers.

LUX is not a highly expensive but an affordable product. That is why the company targets urban and sub urban, upper middle and middle class people who are the second highest population of segment of the country.

Page 13: how to segment different product according to their nature

LUX is offered in Pakistan in four different flavors which are:

Orchid touch Almond delightEnergizing fruitAqua sparkle

Page 14: how to segment different product according to their nature