IJMA
Vol 5, No 1 (2024)

MARKET SEGMENTATION ANALYSIS TO INCREASE THE EFFECTIVENESS OF MARKETING STRATEGIES

Potton, Zainal (Unknown)
Baharuddin, Baharuddin (Unknown)



Article Info

Publish Date
07 Apr 2024

Abstract

Market segmentation analysis is a process for understanding and dividing the market into smaller groups or segmentation based on different characteristics, such as demographics, behavior, or needs. The goal of research is to understand the needs, preferences and behavior of different consumers so that companies can develop more effective marketing strategies for each segment. The research method used in this research is qualitative by identifying segmentation variables or criteria that are used to divide the market into different segments including demographics age, gender, income, geography (geographical location), psychographics values, interests, lifestyle , or behavior (purchasing habits, brand loyalty). The result of this research is market segmentation, identifying criteria that can be used to divide the market into smaller segments. These criteria may include demographic age, gender, income, geographic (geographic location), psychographic (lifestyle, values), or behavioral (purchasing habits, brand loyalty.           

Copyrights © 2024






Journal Info

Abbrev

IJMA

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering

Description

IJMA (Indonesian Journal of Management and Accounting) is a peer-reviewed journal published by the Faculty of Economics and Business, Alma Ata University. IJMA aims to publish articles in the field of accounting and management that make a significant contribution to the development of accounting ...