Abstract:
For the two segmentation models, factor analysis and cluster analysis, general assessment criteria are laid down and the marketing view-point is singled out as the most important. In particular the paper deals with the two segmentation methods with regard to the consequences for interpretation inherent in the model. A practical example in the sphere of housekeeping is used to demonstrate a way of determining attitude types using both cluster analysis and factor analysis. Three principles of type allocation are proposed. This also provides a method of estimating the proportions of the consumer population belonging to the various types. It is stressed that both methods are able to provide valuable information for marketing.
This could also be of interest:
Research Papers
Use of factor analysis and cluster analysis in market segmentation and consumer typology (German)
Catalogue: ESOMAR/WAPOR Congress 1969
Author: Klaus Ragnitz
 
June 15, 1969
Research Papers
Segmentation and cluster analysis
Catalogue: Seminar 1972: Segmentation And Typology
Author: Joseph Lion
 
June 15, 1972
Research Papers
Sense and non-sense in cluster analysis
Catalogue: Paper 1978: Analysis of Data
Author: Gunda Opfer
 
February 1, 1978
