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Launch! Advertising and Promotion in Real Time, 2009a

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PRIZM NE classifies psychographic segments based on where they live.<br />

$70,490. They are most likely to shop at The Disney Store, eat at Chuck-E-Cheese, watch Nickelodeon TV,<br />

<strong>and</strong> drive a Nissan Armada SUV.<br />

Young, work<strong>in</strong>g s<strong>in</strong>gles liv<strong>in</strong>g active lifestyles <strong>in</strong> sprawl<strong>in</strong>g apartment complexes <strong>in</strong> fast-grow<strong>in</strong>g satellite<br />

cities compose this segment. They are under 35, ethnically diverse, <strong>and</strong> hip, <strong>and</strong> they want it all. Nightlife,<br />

restaurants, <strong>and</strong> convenience products <strong>and</strong> services are important to them. Their median household <strong>in</strong>come<br />

is $38,910. S<strong>in</strong>ce they don’t have children, they are very active. They are most likely to go snowboard<strong>in</strong>g,<br />

watch Fuse network, read The Source magaz<strong>in</strong>e, <strong>and</strong> drive a Nissan Sentra.<br />

Sometimes market<strong>in</strong>g <strong>and</strong> advertis<strong>in</strong>g firms create psychographic segmentation systems with cute names<br />

or acronyms for the segments, such as DINKs (double <strong>in</strong>come, no kids), who are good targets for yuppie<br />

products like expensive roadsters <strong>and</strong> exotic vacations, or even DINKWADs (double <strong>in</strong>come, no kids, with<br />

a dog), who are like DINKS but would add <strong>in</strong> lots of treats for a pampered pooch. msnbc.com, for<br />

example, termed its new target audience the News Explorer.<br />

These are some well-known psychographic segmentation tools that advertisers use to divide up their<br />

markets:<br />

<br />

VALS2 (Values <strong>and</strong> Lifestyle System): Accord<strong>in</strong>g to its parent, SRI International, “VALS reflects a<br />

real-world pattern that expla<strong>in</strong>s the relationship between personality traits <strong>and</strong> consumer behavior.<br />

VALS uses psychology to analyze the dynamics underly<strong>in</strong>g consumer preferences <strong>and</strong><br />

choices.” [11] VALS2 divides U.S. adults <strong>in</strong>to eight groups accord<strong>in</strong>g to what drives them<br />

psychologically as well as by their economic resources.<br />

The system arranges groups vertically by their resources (<strong>in</strong>clud<strong>in</strong>g such factors as <strong>in</strong>come, education,<br />

energy levels, <strong>and</strong> eagerness to buy) <strong>and</strong> horizontally by self-orientation. Three self-orientations make up<br />

the horizontal dimension.<br />

1. Consumers with a pr<strong>in</strong>ciple orientation make purchase decisions guided by a strong <strong>in</strong>ternal belief<br />

system.<br />

2. People with a status orientation base their decisions on what they th<strong>in</strong>k their peers th<strong>in</strong>k.<br />

3. Action, or self-oriented <strong>in</strong>dividuals, buy products to have an impact on the world around them.<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

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