Question

Topic: Research/Metrics

Psychographics

Posted by Anonymous on 250 Points
I would like to know the limitations of Psychographic Segmention in context of the clothing markets and a few examples if possible.
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RESPONSES

  • Posted by Jay Hamilton-Roth on Accepted
    This sounds like a homework assignment. If it is, we can help you with your thinking if you share your ideas with us. If it isn't homework, please explain what specific information you're looking for (and why).
  • Posted on Author
    I do know the general limitations of this type of segmentation. . Psychographic Segmention is difficult to use and does not target the measurables like income and geography. It is also a costly process. However applying this and drawbacks to the clothing markets such as Gucci which have used Psychographic Segmention for its Baby range etc
  • Posted on Author
    (continued) is what i am looking for..
  • Posted by koen.h.pauwels on Accepted
    Hi,

    Just to get you started, I heard the following limitations of psychographic research:

    1) reliability issues: often unclear what the power is to predict consumer behavior reliably; absence of standard methods to evaluate the stability of the results over time
    2) unable to be projected onto an entire population (Gunter, 1992)
    3) cost: upwards of $50,000 (Weinstein, 1994)
    4) often puts consumers in overlapping segments to the extent that the research does not differentiate among consumers.
    5) need to be supplemented with demographics to make the psychographic segmentation actionable (e.g. to redefine the psychographic segments in terms of demographics that can be targeted by marketing campaigns)
    6) needs to be supplemented with customer behavioral data, which is often by itself a better predictor of future behavior
  • Posted on Accepted
    i would say one of the main limitations of using psychography for the clothing industry or any industry is that many parts of a profile might have nothing to do with shopping behavior.

    For example a person being either introverted or extroverted may have absolutely no impact on their clothing style.

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