Segmenting Your Market Print

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Dividing customers into useful groups.

WHAT SEGMENTATION IS

Grouping customers who behave similarly.

WHY IT MATTERS

Different groups want different things, and one message serves none of them well.

WHAT TO SEGMENT BY

The problem they have The situation that creates it What they currently do What they value most

WHAT NOT TO SEGMENT BY, ALONE

Demographics, in most business contexts.

WHY

Two businesses of the same size can have entirely different needs.

WHAT MAKES A SEGMENT USEFUL

Large enough to matter Reachable Different enough to require different treatment Identifiable

WHY IDENTIFIABLE MATTERS

A segment you cannot recognise cannot be targeted.

WHAT TO DO WITH SEGMENTS

Decide which to serve.

WHY DECIDE

Serving everyone produces a product and message that fits nobody.

WHAT TO PRIORITISE

The segment with the most acute problem and the ability to pay.

WHAT TO DO ABOUT THE OTHERS

Serve them if they come, but do not build for them.

WHAT TO ADJUST PER SEGMENT

Messaging Pricing, sometimes Which features you emphasise Where you reach them

WHAT NOT TO ADJUST

The product, usually.

WHY

Divergent products multiply cost.

WHAT TO REVIEW

Whether your segments still describe reality.


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