2008 | OriginalPaper | Chapter
New Thoughts on Market Segmentation
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This chapter discusses the key decision we make in marketing: our choice of customers. I show new ways of discovering, segmenting, defining, and qualifying markets and market segments. Earlier I argued that marketing’s job is to create great customers. Here I apply this idea to the question of segmentation. In particular, I suggest that we should decide first who should be our customers in order for us to prosper tomorrow. Then we figure out what those customers want, how they are different from other customers, and how we can capture and keep those customers.