Market Researches

Consumer Profile¡ªSegmentation

  • Segmentation can help to evaluate the value of consumers¡¯ information:
    -Evaluation of each program can be affected by a small group of consumers. It is necessary to highlight this group; but if the group size is too small, information inferred from the mean is (right figure) not accurate.
    -When some consumers get to know and use a certain product, they have high expectation on it at the beginning, thus there will be a large gap between their expectation and product performance. Yet with their richer experiences and more awareness of the product, they will give better evaluation gradually; therefore, group 1¡¯s evaluation should be paid more attention to.
  • Re-target consumer groups:
    Segment consumer groups, analyze and evaluate whether positive consumer groups are initial target consumer groups. If that is the case, strategies being applied are successful; otherwise, there might be a somewhat remarkable asymmetry, and necessary to restudy consumer profile, to reset marketing and promotion strategies, so as to discover market potentials.

Satisfaction of different groups*

Case£ºSegmentation Based on Product Preference

Discussion 1£ºAfter PD, we found that consumers could be divided into to groups based on their age (had passed statistical test)(Figure 1):

  • Group 1£ºConsumers below 17 or above 35 had low satisfaction;
  • Group 2£ºConsumers above 18 but below 34 had high satisfaction.

Fig 1: Age segmentation

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