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University of Richmond

1982

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Consumer goods

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Generalized Market Segments For Frequently Purchased Consumer Goods, Terry M. Weisenberger, Harold W. Babb Jan 1982

Generalized Market Segments For Frequently Purchased Consumer Goods, Terry M. Weisenberger, Harold W. Babb

Robins School of Business White Paper Series, 1980-2022

The purpose of this study was to investigate the existence of generalized, or non-product-specific, market segments using general Life Style measures. Demographically similar segments were derived which indicated quite different life styles. These segments demonstrated no overt differences in product usage; but they did use different criteria for product evaluation, indicating the potential for product positioning.