i need to contrast the different segmentation methods used by a cosmetic company and a bank. please help me. thanks.Please could someone help me...what segmentation methods does a cosmetic company like Avon use to target custs
Segmentation models that might be used by a cosmetic company:
- Age
- Gender
- Skin type
- High or low user of skin products
- Where you buy your cosmetics (i.e. supermarket vs specialist store vs catalog)
Segmentation models that might be used by a bank:
- Income
- Life stage (i.e. student vs single person living alone vs newly married couple vs couple with baby etc - i.e. factors which will affect your financial needs)
- House ownership vs rental
- Risk profile
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