MindMap Gallery market segment definition
Market segmentation is the division of the market into different market segments in order to better meet the needs of different consumers and achieve market goals. It divides the market through definitions, purposes, methods and basis, and takes into account the characteristics of different market segments. Market segmentation is very important for identifying target markets, conducting market analysis, and taking appropriate measures. Types of market segmentation include geographic, demographic, psychographic, behavioral, etc. Through market segmentation, companies can more accurately locate target markets and take appropriate market analysis and measures for different markets.
Edited at 2020-10-14 21:19:15Ce calendrier annuel, créé avec EdrawMax, présente une disposition claire et organisée des mois de janvier à décembre. Chaque mois est affiché dans un cadre distinct, montrant les jours de la semaine et les dates correspondantes. Les weekends (samedis et dimanches) sont mis en évidence pour une meilleure visibilité. Ce format est idéal pour la planification et l'organisation des activités tout au long de l'année, offrant une vue d'ensemble rapide et facile à consulter.
This quarterly calendar overview for 2026, created with EdrawMax, presents a structured and colorful layout of the entire year divided into four quarters. Each quarter is displayed in a separate column, showcasing the months within that quarter in a clear grid format. The days of the week are labeled, and each date is marked within its respective cell, allowing for easy identification of dates across the year. This calendar is an excellent tool for long-term planning, providing a comprehensive view of the year at a glance.
This weekly calendar for 2026 is designed using EdrawMax to provide a detailed and organized view of each week, starting from January. The left side features a mini monthly calendar for quick reference, highlighting the current week in yellow. Below it, there's a section for weekly goals to help prioritize tasks. The main area is a time-grid from 6:00 AM to 12:00 AM, divided into half-hour slots, allowing for precise scheduling of daily activities throughout the week. This layout is ideal for managing a busy schedule efficiently.
Ce calendrier annuel, créé avec EdrawMax, présente une disposition claire et organisée des mois de janvier à décembre. Chaque mois est affiché dans un cadre distinct, montrant les jours de la semaine et les dates correspondantes. Les weekends (samedis et dimanches) sont mis en évidence pour une meilleure visibilité. Ce format est idéal pour la planification et l'organisation des activités tout au long de l'année, offrant une vue d'ensemble rapide et facile à consulter.
This quarterly calendar overview for 2026, created with EdrawMax, presents a structured and colorful layout of the entire year divided into four quarters. Each quarter is displayed in a separate column, showcasing the months within that quarter in a clear grid format. The days of the week are labeled, and each date is marked within its respective cell, allowing for easy identification of dates across the year. This calendar is an excellent tool for long-term planning, providing a comprehensive view of the year at a glance.
This weekly calendar for 2026 is designed using EdrawMax to provide a detailed and organized view of each week, starting from January. The left side features a mini monthly calendar for quick reference, highlighting the current week in yellow. Below it, there's a section for weekly goals to help prioritize tasks. The main area is a time-grid from 6:00 AM to 12:00 AM, divided into half-hour slots, allowing for precise scheduling of daily activities throughout the week. This layout is ideal for managing a busy schedule efficiently.
market segment definition
Market segmentation refers to the process of dividing the entire market according to certain standards and methods, and formulating corresponding marketing strategies and decisions for different market segments.
Market segmentation is to divide the entire market into different market segments and customize specific products or services to meet the needs of different market segments.
Market segmentation is to better understand consumer needs, meet consumer needs more effectively, and increase market share and competitiveness.
Market segmentation is an important part of marketing, which can help companies position and analyze the market more accurately and formulate practical marketing strategies.
Purpose
Determine and identify market segments with the greatest market potential to better meet consumer needs and improve corporate competitiveness.
The first purpose is to better understand and meet the needs of different consumer groups and customize products or services that are closer to consumer needs.
The second purpose is to increase the company's market share and competitiveness and obtain higher sales and profits through marketing strategies targeting specific market segments.
method
Market segmentation can employ a variety of methods and techniques, including geographic, behavioral, psychographic, and demographic.
Method one is geographical segmentation, which is done by dividing the market into geographical areas, such as countries, regions, cities, etc.
The second method is behavioral segmentation, which conducts market segmentation by segmenting consumers’ purchasing behavior, purchasing frequency, purchasing preferences, etc.
The third method is psychological segmentation, which conducts market segmentation by segmenting consumers' personal characteristics, hobbies, values, etc.
The fourth method is demographic segmentation, which conducts market segmentation by segmenting consumers’ gender, age, education, income level, etc.
in accordance with
When conducting market segmentation, the criteria and methods for market segmentation can be determined based on different bases.
Based on the first, market size and growth potential, market segments with larger market size and potential are selected as key development targets.
The second basis is the difference in market demand. The market is divided into different market segments according to different consumer needs and purchasing behaviors.
Based on the third level of competition, select market segments with relatively low levels of market competition to improve the competitiveness of enterprises in this market.
Features
Market segmentation has the following features and characteristics.
The first characteristic is the difference in market segments. Different market segments have different consumer needs and purchasing behaviors.
The second feature is the operability of market segments. Enterprises can formulate corresponding marketing strategies and decisions based on different market segments.
The third feature is the development potential of market segments. Choosing market segments with larger market size and potential can bring higher returns and profits.
importance
Market segmentation plays an important role and significance in marketing.
The first importance is to better meet consumer needs and provide products or services that are closer to consumer needs.
The second importance is that it can improve the competitiveness and market share of enterprises, and obtain higher sales and profits through marketing strategies targeting different market segments.
The third importance is to make more effective use of corporate resources and avoid resource waste and blind competition.
market segmentation type
Market segmentation can be divided into different market segmentation types based on different classification standards and basis.
The first type of market segmentation is geographical segmentation, which divides the market into different market segments according to geographical areas.
The second type of market segmentation is behavioral segmentation, which is based on consumer purchasing behavior, purchasing frequency, purchasing preferences, etc.
The third type of market segmentation is psychological segmentation, which is based on consumers' personal characteristics, hobbies, values, etc.
The fourth type of market segmentation is demographic segmentation, which is based on the gender, age, education, income level, etc. of consumers.
Targeted market
The target market is the market segment that the company chooses to focus on developing and serving.
The selection of the target market can be determined based on factors such as market size and potential, demand differences and degree of competition.
The selection of target markets requires comprehensive consideration of the company's resources and capabilities to ensure that it can effectively meet the needs of the target market.
Market analysis
Market analysis is a comprehensive analysis and evaluation of different market segments to determine market positioning and formulate corresponding marketing strategies and decisions.
Market analysis includes comprehensive research and analysis of market size, growth trends, competition, consumer demand and purchasing behavior.
The results of market analysis can help companies better understand the market, determine target markets and formulate corresponding marketing strategies and decisions.
measure
When conducting market segmentation, companies can take a series of measures to implement market segmentation strategies and goals.
The first measure is to adapt to local conditions and formulate corresponding marketing strategies and decisions for different market segments.
The second measure is differentiated positioning to meet the needs of consumers in different market segments through differentiation from competitors.
Measure three is to innovate products and services and customize products or services that are closer to consumer needs to meet the needs of market segments.
The fourth measure is strategic cooperation, cooperating with other companies or organizations to jointly develop and serve market segments.
Measure five is market monitoring and evaluation. Regularly monitor and evaluate market segmentation strategies and goals, and adjust and optimize strategies in a timely manner.