Geodemographic Segmentation

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Geodemographi c Segmentation

Transcript of Geodemographic Segmentation

Page 1: Geodemographic Segmentation

Geodemographic Segmentation

Page 2: Geodemographic Segmentation

Geodemographic Segmentation

o identifies specific households in a market by focusing on local neighborhood geography

o create classifications of actual, addressable, mappable neighborhoods where consumers live and shop

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Potential Ranking Index of Zip Markets- New Evolution

o14 distinct groupso66 demographically and

behaviorally distinct types, or "segments,“

oto help marketers discern those consumers’ likes, dislikes, lifestyles and purchase behaviors

http://www.claritas.com/MyBestSegments/Default.jsp?ID=7020&menuOption=learnmore&pageName=PRIZM%2BSocial%2BGroups&segSystem=PRIZM

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Urban Uptown

o home to the nation's wealthiest urban consumers

o midscale to upscale, college educated and ethnically diverse, with above-average concentrations of Asian and Hispanic American

o arts, shop at exclusive retailers, drive luxury imports, travel abroad, and spend heavily on computer and wireless technology

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Young Digerati

Money and Brains

The Cosmopolitan

Bohemian Mix

The American Dreams

Urban Uptown

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Young Digerati

Money and Brains

The Cosmopolitan

Bohemian Mix

The American Dreamso Tech-savvy and live in fashionable

neighborhoods on the urban fringe

Wealthy Younger Family Mix

Urban Uptown

o community is filled with trendy apartments and condos, fitness clubs and clothing boutiques, casual restaurants and all types of

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04 Young Digerati

http://www.claritas.com/MyBestSegments/Default.jsp?ID=38&id1=1027&webid=&id4=01&social=yes

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Young Digerati

Money and Brains

The Cosmopolitan

Bohemian Mix

The American Dreams

Urban Uptown

o have it all: high incomes, advanced degrees, and sophisticated tastes to match their credentials

Wealthy Older Family Mix

o married couples with few children who live in fashionable homes on small, manicured lots.

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07 Money and Brains

http://www.claritas.com/MyBestSegments/Default.jsp?ID=38&id1=1027&webid=&id4=01&social=yes

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Young Digerati

Money and Brains

The Cosmopolitan

Bohemian Mix

The American Dreams

Urban Uptown

o the nation's most liberal lifestyles, ethnically diverse, progressive mix of young singles, couples, and families ranging from students to professionals.

Upper Mid Middle Age Family Mix

o early adopters who are quick to check out the latest movie, nightclub, laptop, and microbrew.

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16 Bohemian Mix

http://www.claritas.com/MyBestSegments/Default.jsp?ID=38&id1=1027&webid=&id4=01&social=yes

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Young Digerati

Money and Brains

The Cosmopolitan

Bohemian Mix

The American Dreams

Urban Uptown

o Educated, upper-midscale, and ethnically diverse, urbane couples in America's fast-growing cities.

Upper Mid Older Mostly w/o Kids

o A vibrant social scene surrounds their older homes and apartments, and residents love the nightlife and enjoy leisure-intensive lifestyles.

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26 The Cosmopolitan

http://www.claritas.com/MyBestSegments/Default.jsp?ID=38&id1=1027&webid=&id4=01&social=yes

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Young Digerati

Money and Brains

The Cosmopolitan

Bohemian Mix

The American Dreams

Urban Uptown

o living example of how ethnically diverse the nation has become: just under half the residents are Hispanic, Asian, or African-American

Upper Mid Middle Age Family Mix

o One in three speaks a language other than English middle-aged immigrants and their children live in upper-middle-class comfort.

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29 The American Dreams

http://www.claritas.com/MyBestSegments/Default.jsp?ID=38&id1=1027&webid=&id4=01&social=yes

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Why?

to better understand consumers in various markets

What they like Where they live How to reach them

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Why? Target market selection Direct marketing

campaigns Site selection Media selection Analyzing market potential

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Young Digerati

Money and Brains

The Cosmopolitan

Bohemian Mix

The American Dreams

Urban Uptown