segmentation _ vals

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VALS Segmentation Profiles Actualizers Achievers Strivers Experiencers Fulfilleds Believers Makers Strugglers Action oriented Principle oriented Status oriented Low resources High resources

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Page 1: Segmentation _ VALS

VALS Segmentation ProfilesActualizers

Achievers

Strivers

ExperiencersFulfilleds

Believers Makers

Strugglers

Action orientedPrinciple oriented Status oriented

Low resources

High resources

Page 2: Segmentation _ VALS

Principle oriented ConsumersGuided in their choices by abstract, idealized criteria, rather than by feelings, events, or desire for approval and opinions of others

Status oriented ConsumersLook for products & services that demonstrate the consumers’ success to their peers

Action oriented ConsumersGuided by a desire for social or physical activity, variety & risk taking

Orientation

Page 3: Segmentation _ VALS

Consumer Segments by VALS

Actualizers : Successful, sophisticated, active, “take charge” people with esteem and abundant resources. Interested in growth & seek to develop, explore, & express themselves in a variety of ways. Image is important to them, they seek challenges and have a wide range of interests

Fulfilleds : Mature, satisfied, comfortable, reflective people who value order, knowledge & responsibility. Content with career & family, their leisure activities tend to center around home. Are conservative, practical consumers, look for durability, functionality & value in the products they buy

Page 4: Segmentation _ VALS

Consumer Segments by VALS

Achievers: Successful career & work oriented people who like to feel in control of their lives. They value consensus, predictability, stability over risk, intimacy & self discovery.They favour established, prestige products & services that demonstrate success to their peers.

Experiencers : Young, vital, enthusiastic, impulsive & rebellious. Seek variety & excitement, savouring the new, the offbeat & the risky. Their energy finds an outlet in exercise, sports, outdoor recreation & social activities. Avid consumers who spend much of their money on clothing, fast food, music, movies & video

Page 5: Segmentation _ VALS

Consumer Segments by VALS

Believers : Conservative, conventional people with concrete beliefs based on traditional established codes. Believers are conservative & predictable favouring established brands. Their income education, & energy are modest but enough to meet their needs

Strivers : Seek motivation, self definition & approval from the world around them. Strive to find a secure place in life. They are unsure of themselves & low on economic, social & psychological resources. Money defines success for them. Are impulsive & easily bored. They seek to be stylish & emulate those who own more impressive possessions

Page 6: Segmentation _ VALS

Consumer Segments by VALS

Makers : Practical people who have constructive skills & value self sufficiency. They live within the context of family, work & physical recreation. They are unimpressed with material possessions other than those with a practical or functional purpose

Strugglers :Their lives are constricted. Chronically poor, ill educated, low skilled, without strong social bonds, resigned & passive. Their chief concerns are for security & safety. Are cautious consumers, represent a very modest market for products & services, but are loyal to favourite brands

Page 7: Segmentation _ VALS

VALS – status check

• Helps – Identify the TA– Uncover what the TA buys & does– Identify how best to communicate with them– Gain insight into why the TA acts the way it does

Page 8: Segmentation _ VALS
Page 9: Segmentation _ VALS

• A demographic indicator designed by the Market Research Society of India to reflect purchase behaviour.

• It is based on 2 parameters - Education and Occupation of the Chief Wage Earner of the Household.

• The SEC of the HH determines the SEC of the family members.

• SEC A1+ is one category which also has an income filter (Rs 10,000 + per month).

Page 10: Segmentation _ VALS

SEC By Education By Occupation

A1 Grad & Post Grads B/I/SEP/Officer &Execs (General & Professional)(Sr & Mdl)

A2 Grad & Post Grads Shop ownrs, Sup Level,(Professional) Officers & Execs (Jr Lvl)

B1B2 SSC+ < Grad Skld wrkrs, Ptty Trdrs, Clrk,Slsmn

CSchooling 5-9 yrs Skld wrkrs, Ptty Trdrs, Clrk,Slsmn

D Schooling upto 4 yrs Skld/Un skld, Ptty Trdrs, Clrks,Slsmn

E Illiterate Skld/Un skld, Ptty Trdrs,

Page 11: Segmentation _ VALS

• A demographic indicator designed by the Market Research Users Council

• It is based on 2 parameters - Education of the Chief Wage Earner of the Household and the Type of House

• The SEC of the HH determines the SEC of the family members.

Page 12: Segmentation _ VALS

SEC By Education By Type of House

R1 Some College but not Grad., PuccaGrads & Post Grads

R2 SSC/HSC Semi Pucca

R3 No formal school, Semi PuccaSchooling upto 9th Std

R4 Illiterate Kuchha

Page 13: Segmentation _ VALS

Urban & Rural Classification

According to the Census of India 2001, the following criteria were adopted for treating a place as urban :1. All statutory towns, i.e., all places with a municipality, corporation, cantonment board or notified town area committee, etc.

2. All other places which satisfied the following criteria :- A minimum population of 5000- At least 75% of the male working population engaged in non- agricultural

pursuits, and- A density of population of atleast 400 per sq km

Contd..Contd..

Page 14: Segmentation _ VALS

Urban & Rural Classification

3. Apart from these, the outgrowths of cities and towns have also been treated as urban.

All areas not identified as Urban, are classified as Rural

Page 15: Segmentation _ VALS

Household - A person living alone or a group of persons staying together & sharing food from the same kitchen

CWE - The member of the family who makes highest contribution to the HH income

MHI - The sum of income of all members of the family

Housewife - The female or the male member of the HH who is chiefly responsible for HH tasks and decides what should be purchased for the HH, for products such as soaps/toothpastes, etc.

Page 16: Segmentation _ VALS

Literate - A person who can with understanding do both - read & write in any one language. It is however not necessary that he should have received formal education in a school.

Avg issue - The estimated no. of people who have Readers read any issue of the publication within a specified time interval which is equal to the periodicity of the publication.

Eg.A person would be counted in the average issue readership of outlook if he/she has read outlook in the last one week

Page 17: Segmentation _ VALS

Claimed Readership :

No. of people who claim to have read a publication with a frequency greater than zero

Page 18: Segmentation _ VALS

• Basically, a peoplemeter is an electronic device placed inside/outside a television set and it constantly measures viewership of channels and programmes on the TV set.

• It is far more accurate as compared to the Diary-based system where people had to actually sit and fill in a diary.

• Gives data at a constant level - minute to minute

• The only limiting factor is that the sample sizes in India as of now are small because of financial constraints.