Marketing Segmentation at Food Lion
The point of market segmentation is to allow businesses to center on a product or service that sells and why it does. Food Lion Grocery stores carry a variety of milk ranging from Whole, Low Fat or Skim, Fat Free, Soy, Organic, and Lactose Free from local and countrywide distributors to provide a variety of milk products that will allow the biggest return for the company. Like other grocery markets in the area, this company must classify and evaluate the dairy products to decide if it brings profitable results because the milk consumers are very important to this type of business. The marketing teams can divide the grocery store's milk products in to psychographic, geographic, demographic, and behavior segments to decide if they are providing the kinds of milk their customers want to buy.
In looking at the milk products from a local grocery store with psychographic segmentation, customers are viewed according to their everyday life which can include the consumers' daily activities, their opinions, and what they...
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