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Marketing knowledge and the value of segmentation

Publication TypeJournal Article
Year of Publication2002
AuthorsDibb S, Stern P, Wensley R
JournalMarketing Intelligence and Planning
Volume20
Issue2
Pagination113-119
ISBN Number0263-4503
KeywordsCustomer Profiling; Market Segmentation; marketing theory; Organizational Performance
URLhttp://oro.open.ac.uk/2021/
Refereed DesignationRefereed

Abstract

This paper reports findings from a study into how marketing academics and MBA students view segmentation. The research indicates that both respondent groups view segmentation as being more valuable in helping to understand customers than improving business performance. For MBA students there appears to be no relationship between their reported marketing knowledge and the value attributed to using market segmentation. The findings for academics suggest inconsistencies in how they interpret the value of segmentation and appraise the usefulness of analytical and evaluation approaches.