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Author:Roberts, K. J.
Title:How to define your market segment.
Journal:Long Range Planning
1986 : AUG, VOL. 19:4, p. 53-58
Index terms:MARKET SEGMENTATION
MARKET RESEARCH
PLANNING
DECISION ANALYSIS
Language:eng
Abstract:Segmentation as a component of planning has often foundered on problems of: organizational politics in segment definition; unsuitable measures of performance; too much effort for little practical effect. Nevertheless, segmentation remains a key element in business strategy. Six practical concepts have emerged from consulting experience that overcome many of the problems: (1) decision-based segmentation,(2) effective share of a segment,(3) customer-perceived relative quality,(4) par expenses at segment level, budget control at operating group level (5) recovery of par expenses, bargaining effectiveness,(6) minimum data gathering.
SCIMA record nr: 49414
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