Since the
beginning of times, the importance of business has always been very critical to
the survival of people. In every civilization, whether it was Chinese, Egyptian
or Greek, people have always paid a lot of time and effort into establishing
good and successful businesses which have brought them fruits over many years.
Over the years, there has been an inflow of many digital marketing strategies and marketing segmentation is one of
the most successful ones.
Marketing segmentation is basically a
type of marketing in which a brand divides its target consumers into different
parts on the basis of geography, demography and the needs of the people. This
type of marketing strategy has proved to be fruitful over the course of many
years, especially in regions of varying climate, temperature and terrain.
Companies have employed this technique particularly in the North and South
America and at times, in Europe.
Amongst all the
marketing strategies, marketing
segmentation has proved to be the most useful one. A simple example of
marketing segmentation is that of Brazil. In Brazil, there are different types
of weather conditions during the same part of the year in different regions. In
some places, it is rainy while in others, the sun shines bright. For this
reason, companies employ geographic segmentation and sell warmer clothes in
rainy regions and lighter ones in the sunny ones.
Having discussed
the significance of marketing
segmentation, digital marketing’s importance is also a very telling factor
in the success with which a business is run. The modern era of technology has
been effectively employed by the marketing companies to draw a comparison
between the two and merged them to have a better chance of improving the
potential of a business and increase the rate of success.
An important type of marketing segmentation is demographic segmentation. In this case, the demand of
products varies with the difference in age, gender and income. It is obvious
that people buy different types of clothes depending upon their ages and
genders. So the male to female ratio dictates that which type of clothes does a
company have to make and taking this step saves a company from making extra
clothes of a particular type which minimizes its loses.
Marketing segmentation does not only
work in case of selling of clothes and dresses, it also commands the selection
of other items of daily use. For instance, the buying of cell phones,
furniture, cars and electronics are also dependent on many factors of choice
and compulsion. People who cannot afford to buy expensive items have to make do
with the cheap ones and hence, they are divided into one category by the
companies.
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