Market segmentation for Kingfisher Airlines can be based on several criteria, including demographic factors (age, income, and occupation), geographic factors (urban vs. rural locations, domestic vs. international travel), and psychographic factors (lifestyle, values, and travel preferences). Behavioral segmentation can also be employed, focusing on customer loyalty, travel frequency, and purpose of travel (business vs. leisure). By analyzing these segments, Kingfisher Airlines could tailor its services and marketing strategies to better meet the needs of different traveler groups.
geographic segmentation
peoples status, wants and needs
There are essentially two methods by which market segmentation can be achieved by a company: 1. Segmentation based on consumer characteristics and responsibilities- in this consumers are divided with segmentation bases- sex, age, lifestyle, family life-cycle, benefits sought,etc. The differences amongst the consumer groups are statistically tested. If there is significant difference amongst the consumer groups, each of the consumer group is analyzed for its detailed profile. this results into mutually exclusive market segments. 2. segmentation without a priori basis- here, we take a large sample ashed on their demographics, psycho graphics, social, cultural, etc.The sample is put to factor Analysis for finding out factors that have common characteristics or responses. These factor-clusters become market segments.
Budgetary slack will encourage team members to spend more than they have to in order to meet budget requirements. Management should set the budget at an exact number, or reduce it to save money.
Monach Airlines has six main operating bases. These bases are Birmingham, East Midlands, Leeds/Bradford, Manchester, London Gatwick, and at their headquarters London Luton.
Demographic segmentation: dividing markets based on factors such as age, gender, income, education, etc. Psychographic segmentation: categorizing consumers based on lifestyle, values, attitudes, and interests. Behavioral segmentation: grouping consumers based on their purchasing behavior, such as usage rate, brand loyalty, or benefits sought. Geographic segmentation: segmenting markets based on location, such as region, climate, population density, or urban/rural areas.
The different size light bulb bases available in the market include standard (E26), candelabra (E12), intermediate (E17), and mogul (E39) bases.
Wood chair bases available in the market include solid wood bases, plywood bases, and engineered wood bases. Solid wood bases are made from a single piece of wood, plywood bases are constructed from multiple layers of wood glued together, and engineered wood bases are made from wood fibers and resin. Each type of base offers different levels of durability, cost, and aesthetic appeal.
It segments the market by measurable characteristics such as gender and age. The demographic dimensions normally used by marketers are usually, age, gender, family structure, income, life-cycle stage, race and religion. It works on the premise that customer wants are closely linked to variables such as age and income. Psychographic segmentation is a method of dividing markets on the bases of the psychology and lifestyle habits of customers. It segments customers in terms of shared activities, lifestyle choices, interests and opinions. Psychographic segments usually include demographic information such as age or gender, but the richer descriptions emerge so well beyond these characteristics. Attitude to risk, socio-economic groups an lifestyle are the most commonly used methods of psychographic segmentation. In other words demographics has more to do with who people are, pyschographics has more to do with people's lifestyle choices and opinions
The home airport is Atlanta GA but the 747s are usually employed on their trans-Pacific flights. They are rarely used on trans-Atlantic flights.
Object-oriented
In the world of marketing and customer targeting, there are four main bases for effective segmentation: Geographic: This divides your audience based on location. You can segment by continent, country, state, city, or even zip code. You can also consider factors like population size (urban, suburban, rural) to tailor your approach. Demographic: This focuses on factual characteristics of your audience like age, income level, education level, occupation, and even family size. This can be a good starting point for understanding broad customer groups. Psychographic: This dives deeper into the psychology of your target audience. It considers their values, interests, lifestyles, and personalities. This helps you understand what motivates them and what resonates with them emotionally. Behavioral: This segmentation looks at how your audience actually interacts with your product or service. It considers factors like purchase history, usage patterns, and brand loyalty. This allows you to target customers based on their past actions and predict future behavior.