Question

Topic: Strategy

Looking For Benefit Segmentation Success Stories

Posted by Anonymous on 250 Points
Hi there colleagues,

I need your help & expertise on the following -
we are looking at the best way to segment the telco-market. I think the best way is benefit segmentation.

Now to convince the CEO that segmentation (and preferrably benefit
segmentation) is key for success I am looking for success-stories.

In addition to that I would like to form a knowledge exchange group for segmentation. So that we can learn from eachother. If you are interested please do let me know.

With kind regards,

Jacco Gruiters
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RESPONSES

  • Posted by Blaine Wilkerson on Accepted
    I agree with you completely. Assuming ALL you customers use your product and/or service for the same reason is...well...very poor judgement, to say the least.

    Segmenting into groups that may have different benefits is the best way to determine where to focus your marketing efforts and futre devolopments.

    Regarding the telco market, I have a persnal observation that many other may share:

    I utilize my cell phone to dial a phone number, talk, and listen...that's it. That's all I want. The "menu" button has only been pushed accidently.

    In contrast, I have many colleages who insist on buying the biggest ( or should I say smallest..LOL) phone that has everything from a digital camera to a can opener built into it. Why do they buy these phones? Some do it to satisfy their "gadget" cravings, while others buy in order to look "cool and sophisticated"..."hip" in front of friends and clients.

    Finding which one of each of these people play a role in the market with regards to your product can be invaluable!

    Anyway, here are a few links as well that may help you devise a sound argument with your CEO:

    https://www.deccanherald.com/deccanherald/jan122004/eb2.asp

    https://www.diveweb.com/telecom/features/026.01.htm

    Good Luck!!

    P.S. AndrewS is most likely to give you a good, lengthy response. I beleive telecom is his forte so get ready!!!
  • Posted by ReadCopy on Accepted
    I work in the UK telecoms market, and the basic segmentation is:

    Consumer
    Small Business (<2 employees)
    Medium Business (<100 employees)
    Corporates (>100+ employees)

    Although in reality we have the split on revenue of account rather than purely number of customers, but you get the idea.

    The segmentation is done like this simply go we can organise the business around the segments.

    Consumer - particular requirements that need to be managed by its own business rules, prices, marketing, products and processes etc

    All the business customers share common resources (billing platforms, provisioning, installation, and customer services).
    The main difference with our business customers is the sales and marketing environment:

    - Small Business - telesales and mass marketing
    - Medium Businesses - Telephone Account Managers and mass/personalised marketing (NOT 1-1)
    - Corporate Businesses - Field Account Manager and 1-1 Marketing

    [Corporate businesses also have dedicated Service Management and Pre-Sales Support].

    NOTE: We find this works extremely well :-)

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