Actionable Market Segmentation Guaranteed Part 2

Knowledge Type: 
Published:  Tue, 31/08/2004

Researchers typically focus on the cluster analysis component of market segmentation. However, for segmentation to be successful, one must follow all of the steps of the analytic process, which include: 1) clustering, 2) statistically testing the clusters, and 3) profiling the clusters to determine if they satisfy the segmentation objectives.

© 2011 Ipsos