Building Customer Profiles
Describing customers begins with the generic product-market. At this level customer pro¬files are likely to describe the size and general composition of the customer base. For example, the commercial air travel customer profile for a specified geographical area (e.g.. South America) would include market si/e. growth rates, mix v»f business and pleas¬ure travelers, and other general characteristics. The product-type and variant profiles are more specific about customer characteristics such as needs and wants, use situations, activ¬ities and interests, opinions, purchase processes and choice criteria, and environmental influences on buying decisions. Normally, product-type analysis considers the Organiza¬tion's product and closely related product types.
In developing marketing strategy, management is concerned with deciding which buy¬ers to target within the product-market of interest and how to position to each target. The customer profiles help to guide these decisions. The profile information is also useful in deciding how to segment the market. More comprehensive customer analyses are neces¬sary in market segmentation analysis, which we discuss in Chapter 3.
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