Identify the basis of customer segmentation


Assignment Task: Porsche is one of the market leaders in the premium segment of the automotive industry. During a market research exercise, Porsche looked at its consumer data and classified its customers into 5 segments:

1. The top guns profile consists of ambitious and driven individuals who care about power, control and expect to get noticed.

2. The elitists includes individuals that have the attitude that a car is just a vehicle and not an expression of a person's personality.

3. The proud patrons consist of individuals who see Porsche as a trophy and the result for hard work.

4. The bon vivants profile consists of thrill-seekers with the Porsche as a means of excitement.

5. The fantasists profile of consumers see the Porsche as a form of escape and do not care about impressing others.

Identify the basis of customer segmentation.

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Marketing Management: Identify the basis of customer segmentation
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