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Defining the market
• Market: a group of potential customers with
similar needs who are willing to do the
exchange with the company
Customer user
needs
Generic
market Customer types
Product
definition
market
definition
Geographic area
Product type
(good and/or service)
MARKET SEGMENTATION
Submarket 1
(Gamers) Submarket 3 Submarket 4
(Hi-Tech) (Socializers)
Submarket 2
(Utilitarian) Submarket 5
(Environmentalists)
4 important criteria in segmenting the
market
1. Homogeneous similar within
2. Heterogeneous different between
3. Substantial profitable
4. Operational can be useful
Segmentation Dimension
• Very abundant: behavioral, demographic,
geographic
• Qualifying dimension: what kind of customer
that will buy our product?
• Determining dimension: what will trigger our
customer to buy our product?
Faces of Indonesia Survey
• Dilakukan oleh Lowe Indonesia bersama lembaga riset
Prompt diakhir tahun 2004
• 8 Segmen Psikografis konsumen:
1. Confident Established (15,2%)
2. The Optimistic Domestic Goddes (13,5%)
3. The Chance-Expectanting Lad (10,5%)
4. The Cheerful Humanist (12,1%)
5. The Introvert Wallflower ( 8,1%)
6. The Savvy Conqueror/City Slickers (16 %)
7. The Networking Pleasure Seeker (11 %)
8. The Spontaneous Fun-Loving (13,6%)
Survey Markplus & co