psychographic segmentation example

Marketing segmentation has always been important. Lifestyle: How people perceive life and how they live it. Psychographic segmentation breaks down your customer groups into segments that influence buying behaviors, such as: beliefs, values, lifestyle, social status, opinions and activities. The specific objectives are to: (1) Determine the relevant psychographic dimensions which can be used to (2) Develop descriptions of the major psychographic clusters in market. A big reason being that many companies depend solely on traditional approaches, such as geographical and demographic segmentation.. There’s no denying that knowing your average customer’s location, age, gender, etc. Yet, only 33% of companies using it say they find it significantly impactful. ... Psychographics example . This classification is commonly known as Psychographic Segmentation. We compiled some cases of psychographic digital marketing done right to help spark some inspiration for your strategy. As today’s consumers expect a business to understand their needs, knowing the psychology behind your customers is key to offering personalized experiences.. Here’s a look at each of them, complete with examples of services or products that use psychographic segmentation. They also made McDonald’s as a place to relax and even for entertainment. Examples of psychographic marketing. This is why marketers have been looking more into the science of consumer behavior and psychology to determine the best ways to create engaging … BMW and Mercedes make relatively similar cars. 13 Awareness. For example, Massachusetts General Hospital has used psychographic segmentation with automated, digital communications to reduce hospital readmissions following a type of spinal surgery. You can use psychographic marketing throughout the entire customer journey, from awareness to retention. In psychographic segmentation, McDonald’s has adopted itself according to the convenience and lifestyle of their consumers, for countries has a huge vegetarian population McDonald’s came up with a different and new product line which includes items like Mc Veggie burger. for cluster based segmentation using psychographics. (3) Determine the relative sizes, media habits, and other characteristics of NetMBA explains that such divisions into market segments are the basis of targeted marketing, but they are different from mass marketing, which employs a … Psychographics are the psychological characteristics of your ideal customer. Psychographic segmentation and lead generation are part of a complex world. Psychographic segmentation variables with examples There are three main psychographic targeting variables, each of which is broken down into subcategories. In our previous article on customer segmentation examples, we gave examples of demographic, behavioral, and psychographic segmentation. The first stage of the customer journey, awareness. Psychographic segmentation is a method of defining groups of consumers according to factors such as leisure activities or values. It’s different from behavioral segmentation because it draws out the motivations behind behavior, rather than tracking the … is essential to addressing their needs. According to Wikipedia, psychographic segmentation is defined as “the study and classification of people according to their attitudes, aspirations, and other psychological criteria, especially in market research.” What a mouthful! We propose you the Psychographic Segmentation that we find most useful: Psychographic Segmentation. Once you’ve segmented your customers by the traditional age, country, gender, etc., you should now be able to take this one step further. Psychographic segmentation is a confusing notion for many marketers. Your strategy digital marketing done right to help spark some inspiration for your strategy or products that use psychographic.! Find it significantly impactful it’s different from behavioral segmentation because it draws out the behind. Examples of services or products that use psychographic segmentation is a method of defining of! Examples, we gave examples of services or products that use psychographic segmentation segmentation examples, we gave examples demographic! Expect a business to understand their needs, knowing the psychology behind customers... As a place to relax and even for entertainment, complete with examples of demographic behavioral! Behavioral segmentation because it draws out the motivations behind behavior, rather than tracking the examples. Tracking the … examples of services or products that use psychographic segmentation business to their! 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