Bifalgorithm post · IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 11.5. Market Segmentation*
How are business markets segmented?
How are business markets segmented? (IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 11.5. Market Segmentation*) — "Business markets are segmented diffe…
Ideas in this flowchart
- Business market segmentation uses criteria that differ from consumer market segmentation.
- Business markets may use some of the same segmentation bases as consumer markets.
- Shared segmentation bases
- Geography
- Purchase volume
- Benefits sought
- Business-specific segmentation bases
- Product use, such as using polyethylene for instrumentation panels or car seats
- Characteristics of the purchasing function, such as purchasing committees, managers, or departments
- Client size, distinguishing large customers from smaller customers with different needs
- Industry, such as restaurants, schools, or military bases within food systems
- Other characteristics related to business customers
