segmenting entertainment audiences chapter 6. segmentation schemes mutually exclusive - separate...
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Segmenting Entertainment Audiences
Chapter 6
Segmentation Schemes
Mutually exclusive - separate from all others Exhaustive - everyone must have an
appropriate group Measurable - size, purchasing power and
profiles must be measurable Substantial - each segment should have a
significant membership Actionable - can be reach through media
Mutually exclusive - separate from all others Exhaustive - everyone must have an
appropriate group Measurable - size, purchasing power and
profiles must be measurable Substantial - each segment should have a
significant membership Actionable - can be reach through media
Benefits of Segmentation
Valuable insight into product/service design to reflect market demand
Gives direction to advertising messages Yields cost savings from accurate promotional
message placement Enables focusing on competition’s
strengths/weaknesses by reducing variables Fosters production of informed strategic
marketing plans
Valuable insight into product/service design to reflect market demand
Gives direction to advertising messages Yields cost savings from accurate promotional
message placement Enables focusing on competition’s
strengths/weaknesses by reducing variables Fosters production of informed strategic
marketing plans
Determine Target Audience
1. Undifferentiated marketing - shotgun2. Differentiated - targets multiple
segments with different incentive and message
3. Niche marketing - targets small groups of like audiences members
1. Undifferentiated marketing - shotgun2. Differentiated - targets multiple
segments with different incentive and message
3. Niche marketing - targets small groups of like audiences members
Demographic Segments
Baby boomers - use benefit segments Generation Y - diversity, high income,
computer literate Teenagers - online sharing Geodemographics - use of PRIZM
lifestyle segments by zip code
Baby boomers - use benefit segments Generation Y - diversity, high income,
computer literate Teenagers - online sharing Geodemographics - use of PRIZM
lifestyle segments by zip code
Demographic Segments
Psychographic Segments
Lifestyles, patterns of behavior Activities, interests, opinions VALS (psychocentric, midcentric, near
allocentric, allocentric) Cohort segments - grew up at the same
time; life stages
Lifestyles, patterns of behavior Activities, interests, opinions VALS (psychocentric, midcentric, near
allocentric, allocentric) Cohort segments - grew up at the same
time; life stages
VALS 2
Global Lifestyle Segments
Teens Gender Religious Symbolic capital - status Ethnic
Teens Gender Religious Symbolic capital - status Ethnic
Generic Segmentation Factors
Usage - rate, occasion-based, loyalty status
Price BenefitsSegment benefit MessageTeens socialize without parentsTourist cultural exposureEmployees chance to be outside
Usage - rate, occasion-based, loyalty status
Price BenefitsSegment benefit MessageTeens socialize without parentsTourist cultural exposureEmployees chance to be outside
Aesthetic Segmentation
Stimulation Realism Conventional sex identity Shapes of round and curved Social status orientation Seriousness vs. frivolity
Stimulation Realism Conventional sex identity Shapes of round and curved Social status orientation Seriousness vs. frivolity
Segmenting by Action
Prosumers - consumers help design products, reject traditional ads, use Internet research
C2C economy requires dialog
Prosumers - consumers help design products, reject traditional ads, use Internet research
C2C economy requires dialog
Persona Segmentation
Consumer models = personas or archetypes
Qualitative analysis of user behavior Reveal motivations and potential usage
patterns
Consumer models = personas or archetypes
Qualitative analysis of user behavior Reveal motivations and potential usage
patterns
Niche Markets
Special interest groups Immigrants and expatriates for
homeland news Addresses needs and wants of special
segments with directed promotional messages
Special interest groups Immigrants and expatriates for
homeland news Addresses needs and wants of special
segments with directed promotional messages
Questions
What is the value of cohort segmentation for targeting mature consumers for a vacation destination?
When would you use PRIZM vs. MOSIAC for promotion purposes?
What new market segments may emerge for future global audiences?
What is the value of cohort segmentation for targeting mature consumers for a vacation destination?
When would you use PRIZM vs. MOSIAC for promotion purposes?
What new market segments may emerge for future global audiences?