Management Study Guide
Market Segmentation Techniques for Marketing Strategists
Market Segment is the process of splitting customers, or potential customers, in a market into different groups, or segments. This is a technique in the marketing practice that helps the strategist to attain precision in identifying and targeting the right audience for the marketing purpose and objectives. The skills required in this practice are necessary for every marketing or business strategist who desires to adopt the best practices in reaching the right audience for their marketing. This online course will guide you with the essentials and fundamentals of market segmentation.
$9.26
$13.89
1-Year Access

Course Includes:

  • 1.10 Hour Video Class
  • Free Certificate of Completion
  • 1-Year Access
Market Segmentation Techniques for Marketing Strategists
35 students enrolled
13 lectures
Self-paced online
Market Segment is the process of splitting customers, or potential customers, in a market into different groups, or segments. This is a technique in the marketing practice that helps the strategist to attain precision in identifying and targeting the right audience for the marketing purpose and objectives. The skills required in this practice are necessary for every marketing or business strategist who desires to adopt the best practices in reaching the right audience for their marketing. This online course will guide you with the essentials and fundamentals of market segmentation.
What you will learn
  • How a market works and identify decision-makers
  • Preparing for market segmentation
  • Scope of Segmentation
  • Representative sample of different decision-makers
  • Accounting for the behavior of decision-makers
  • Forming market segmentation
  • Determining the attractiveness of market segments
  • Assessing company competitiveness and the portfolio matrix
  • Setting market objectives and strategies
  • Predicting market transformation and more.
Requirements
You need a basic understanding of the workings of marketing to take this course, however, this is not a prerequisite. Professionals in the field and aspiring professionals can take this course.

Course Description

In marketing, market segmentation is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics. This is a common practice that will help to bring about precision in the targeting process, and also help the marketing strategist to determine the various communication...
Management Study Guide
$9.26
$13.89
1-Year Access

Course Includes:

  • 1.10 Hour Video Class
  • Free Certificate of Completion
  • 1-Year Access
Course Content
Expand all sections

  • Introduction to Market Segmentation
    Preview
    2 Mins

  • Preparing for market segmentation
    9 Mins

  • Scope of segmentation
    6 Mins

  • Portraying how a market works and identify decision-makers
    4 Mins

  • Developing a representative sample of different decision-makers
    4 Mins

  • Accounting for the behavior of decision-makers
    7 Mins

  • Forming market segmentation
    6 Mins

  • Determining the attractiveness of market segments
    5 Mins

  • Assessing company competitiveness and the portfolio matrix
    3 Mins

  • Realizing the full potential of market mapping
    2 Mins

  • Predicting market transformation
    8 Mins

  • Setting market objectives and strategies
    4 Mins

  • Organizational issues on market segmentation
    2 Mins
About the Instructor
Management Study Guide
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ManagementStudyGuide is an educational portal launched in 2008 with the vision of providing students and corporate workforces worldwide with access to rich, easy to understand, frequently updated instruction on many management related topics. Management Study Guide is ISO 9001:2015 Certified Education Provider. Learning at MSG is highly practical and directed towards the needs of the industry.   MSG’s instructional content...
$9.26
$13.89