login

A Componential Segmentation Model with Optimal Product Design Features

Decision SciencesPublished 1 June 1989
Paul E. Green, Abba Μ. Krieger, Robert N. Zelnio
Citations31
SJR quartileQ1
SJR score1.62
SNIP1.46

TL;DR

Earlier research is extended by presenting a procedure for finding optimal market segments for given products, and vice versa, in the context of the ANOVA-type formulation of componential segmentation.

Abstract

ABSTRACT In componential segmentation the researcher is interested in decomposing survey respondents' evaluations of conjoint‐designed product descriptions into separate contributions; these contributions are due to stimulus attributes, respondent attributes, and/or conjoint‐designed situation attributes. Previous research has employed either scalar product or ANOVA‐like decompositions. The present paper extends earlier research by presenting a procedure for finding optimal market segments for given products, and vice versa. The model is developed in the context of the ANOVA‐type formulation of componential segmentation.

Keywords

Economics, Econometrics and FinanceBusiness, Management and Accounting