Methodology for Segmenting Industrial Markets On the Basis of Buying Center Comp

Cover Methodology for Segmenting Industrial Markets On the Basis of Buying Center Comp
Methodology for Segmenting Industrial Markets On the Basis of Buying Center Comp
Jean Marie Choffray
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01 Note: For ease of interpretation, the two largest entries in each segment are underlined.
30.
Thus, the microsegmentation procedure developed here identifies a number of meaningful microsegments . Differences exist between these microsegments in the pattern of involvement in the decision process, providing new insights into the industrial purchasing process.
Use of these results for industrial marketing strategy depends on our ability to characterize the microsegments retained on the basis o
...f external variables.
Exhibit 9 gives a qualitative comparison of some characteristics of the organizations found in each microsegment . In order to assess formally the relationship between microsegment membership and these characteristics, a four group linear discriminant analysis was run, involving the following variables as predictors: — X : Company size, measured by sales — X_ : Number of separate plants — X_ : Percentage of plant area requiring industrial cooling — X, : Company satisfaction with the current cooling system — Xc : Perceived organizational consequences if a new cooling system proved less economical than projected — X, : Perceived organizational consequences if a new cooling system proved less reliable than projected.


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