Just as every customer is unique, every customer segment is unique. Some groups develop rational bonds with a brand or business; others form emotional ties. Whatever their characteristics (geography, gender, values, age, etc.), each segment has different expectations, needs, purchasing patterns and preferences. This is especially relevant in a global marketplace, where cultures, standards and behaviors can vary significantly.
Harris/Decima consultants conduct a segmentation analysis to assign customers to groups with similar loyalty drivers and "targetable" characteristics. Using a workshop format, we then guide you in understanding:
Armed with this information, your company can approach its market segments with the right value proposition, the right product, the right programs, and the right prices.