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Segmenting Your Markets

What
  • Benefits does the customer seek?
  • Factors influence demand?
  • Functions does the product perform for the customer?
  • Are important buying criteria?
  • Is the basis of comparison with other products?
  • Risks does the customer perceive?
  • Services do customers expect?
How
  • Do customers buy?
  • Long does the buying process last?
  • Do various elements of the marketing program influence customers at each stage of the process?
  • Do customers use the product?
  • Does the product fit into their lifestyle or operation?
  • Much are they willing to spend?
  • Much do they buy?
Where
  • Is the decision made to buy?
  • Do customers seek information about the product?
  • Do customers buy the product?
When
  • Is the first decision made to buy made?
  • Is the product repurchased?
Why
  • Do customers buy?
  • Do customers choose one brand as opposed to another?
Who
  • Are the occupants of segments identified by previous questions?
  • Buys our product...and why?
  • Buys our competitors' products...and why?


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