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The GfK MRI Psychographic Sourcebook

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Survey of the American Consumer: Part 2<br />

III. Fashion & Shopping<br />

A. Buying Styles Segmentation<br />

This segmentation looks at the varying attitudes, behaviors and product choices of consumers in five segments:<br />

• Penny-Pinchers—Nuances of quality and desirability are not paramount to these consumers, who judge all purchases by a single<br />

criterion: cost (the lower the better). Brand loyalty is less important than a “cents-off” coupon, and they express little interest in<br />

technology, nutrition or the environment, unless it will save them money.<br />

• Conscientious Consumers—<strong>The</strong>se consumers know what they’re paying for and shop for bargains, but cost is only one of the factors<br />

they consider when shopping. Buying American products and environmentally safe products also matter. <strong>The</strong>y are conscious of quality,<br />

loyal to their brands and highly unlikely to try new products or make impulse purchases.<br />

• Buyers of the Best—Low price is not the objective to consumers in this segment; it’s quality that matters most. <strong>The</strong>y are careful to buy<br />

the best, and brand loyalty trumps all other considerations in their purchases. <strong>The</strong>y favor environmentally safe products, are extremely<br />

comfortable with new technology, and always check the ingredients and nutritional content of food products they buy.<br />

• Habitualized Havers—<strong>The</strong>se consumers find comfort in tradition, even when it’s just their own – they buy what they have always<br />

bought, and see little reason to change. <strong>The</strong>y are brand loyal, but only in the sense that once they’ve found a brand they are<br />

comfortable with, they stop looking.<br />

• Swayable Shopaholics—<strong>The</strong>y shop for no other reason than that they want to; price, quality, brand, ”Made in America”—nothing<br />

matters so much to them as the emotional payoff from a simple act of buying. Impulse buyers, these consumers are willing to pay extra<br />

for image-enhancing products, and easily switch brands for the sake of novelty or variety.<br />

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