Market segmentation

For effective market segmentation

  • Characteristics within each segment should be homogeneous
  • Each segment should ideally be mutually exclusive
  • Segments must be measurable and identifiable
  • Segments or target markets should be accessible and actionable to the business
  • Each segment must be large enough to provide a solid customer base and hence be profitable

Each segment requires a separate marketing plan

Pie-chart showing the segmentation of US wireless users into mobile resistors (61%), SMS users (15.9%), entertainment junkies (10.5%), productivity pioneers (7%) and wireless innovators (5.6%).

IDC segmentation of US wireless users, where a complete description of each category is available from the Geekzone website