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Target Markets: Segmentation and Evaluation  |  Chapter 5  127



                            Psychographic Variables
                          Marketers sometimes use psychographic variables, such as
                       personality characteristics, motives, and lifestyles, to segment
                       markets. A psychographic variable can be used by itself or in
                       combination with other types of segmentation variables.
                              Personality characteristics can be a useful means of segmen-
                       tation when a product resembles many competing products and
                       consumers’ needs are not significantly related to other segmen-
                       tation variables. However, segmenting a market according to
                       personality traits can be risky. Although marketing practitioners
                       have long believed consumer choice and product use vary with
                       personality, marketing research has generally indicated only a
                       weak relationship. It is difficult to measure personality traits
                       accurately, especially because most personality tests were devel-
                       oped for clinical use, not for market segmentation purposes.
                            When appealing to a personality characteristic, a marketer
                       almost always selects one that many people view positively.
                       Individuals with this characteristic, as well as those who
                       aspire to have it, may be influenced to buy the marketer’s
                       brand. Marketers taking this approach do not worry about
                       measuring how many people have the positively valued char-
                       acteristic. They assume a sizable proportion of people in the
                       target market either have it or aspire to have it.
                             When motives are used to segment a market, the market is
                       divided according to consumers’ reasons for making a purchase.                                            Courtesy of Ermenegildo Zegna
                       Personal appearance, affi liation, status, safety, and health are ex-
                       amples of motives affecting the types of products purchased and
                       the choice of stores in which they are bought. Marketing efforts
                       based on particular motives can be a point of competitive advan-
                                                                               Segmentation Based on Motives
                       tage for a fi rm. Take, for  example, the advertisement for luxury
                                                                               This Ermenegildo Zegna advertisement for men’s luxury clothing
                       Italian menswear brand Ermenegildo Zegna. This is a brand   and accessories is clearly appealing to customers who are motivated
                       known for its classic styling and high quality, underscored in the   by personal appearance and status and who care about fashion.
                       slogan “passion for details.” The luxurious quality of this brand
                       is emphasized in the close-up of a man wearing a classically tailored suit and loafers, holding
                       plaid and leather briefcases. This advertisement is clearly appealing to customers who are mo-
                       tivated by personal  appearance and status and who care about fashion. These customers wish to
                       associate with a luxury lifestyle and want others to notice that they dress in Italian couture brands.
                            Lifestyle segmentation groups individuals according to how they spend their time, the impor-
                       tance of things in their surroundings (homes or jobs, for example), beliefs about themselves and
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                       broad issues, and some demographic characteristics, such as income and education.                                             Lifestyle
                       analysis provides a broad view of buyers because it encompasses numerous characteristics related
                       to people’s activities (e.g., work, hobbies, entertainment, sports), interests (e.g., family, home,
                       fashion, food, technology), and opinions (e.g., politics, social issues, education, the future).
                              One of the most popular psychographic systems is VALS™ from Strategic Business
                       Insights (SBI), a spin-off of SRI International. VALS classifies consumers based on psycho-
                       logical motivations validated to correlate with purchase behavior and four key demograph-
                       ics. The VALS classification questionnaire, which is used to determine consumers’ VALS
                       types, can be integrated into larger research projects to discover more about the underlying
                       drivers of consumer choice.   Figure 5.6    is an example of VALS data that shows the propor-
                       tion of each VALS group that own a tablet/e-reader, a dog, or buy food labeled natural or
                       organic. VALS research can be used to create new products as well as to segment existing
                       markets. Additional VALS frameworks have been developed for different geographic markets,
                       including the United States, Japan, the United Kingdom, Venezuela, the Dominican Republic,
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                       Nigeria, and China.




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