Monday, April 30, 2012

Segmenting and Targeting Markets

Factors of Market Segmentation for Bronner Brothers
Factors of Geographic Segmentation
·        Region: Global, mainly southern states
·        Market size: 10/50
·        Market density: 168.4/per square mile
·        Climate: Warm/Hot

Factors of Demographic Segmentation
·        Age: 19-37
·        Gender: Male 40% and Female 60%
·        Income:  Moderate
·        Ethnic background: African Americans
·        Family life cycle: single families, mainly cosmetology students

Benefit Segmentation
·        The benefits sought from Bronner brothers products are to use and sell to other cliental.

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