{"id":1890,"date":"2009-04-23T00:42:37","date_gmt":"2009-04-22T19:12:37","guid":{"rendered":"http:\/\/thirdeyesight.in\/blog\/?p=316"},"modified":"2009-04-23T00:42:37","modified_gmt":"2009-04-22T19:12:37","slug":"customer-segmentation-learning-from-the-vedas","status":"publish","type":"post","link":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/","title":{"rendered":"Customer segmentation – Learning from the Vedas"},"content":{"rendered":"

Advertising Age recently carried an article titled “The Death of Customer Segmentation”, by Michael Fassnacht.<\/p>\n

He questions the traditional marketing hypothesis that the better we segment consumers, the better we know what is relevant and the better we can market to them.<\/p>\n

Fassnacht argument is that:<\/p>\n

    \n
  1. Segments are becoming more volatile [totally agree!]<\/li>\n
  2. Consumers are never part of just one segment [fashion companies discovered that a few years ago, and began marketing to “purchase occasion segments” rather than plain-old consumer segments defined by demographic and static psychographic profiling], and<\/li>\n
  3. Consumers are preferring to choose what information would be relevant and of interest.<\/li>\n<\/ol>\n

    This last point is of particular importance, since electronic media – especially websites that customize themselves based on analysis of the users behaviour and history – are becoming more prevalent communication platforms. In fact, for the last few years “mass customization” and “a consumer segment of one” have been fashionable phrases thrown about in marketing circles.<\/p>\n

    Fassnacht quotes Amazon, Apple and social networking sites such as Facebook and MySpace to support his well-structured argument.<\/p>\n

    However, it may be a challenge for traditional retailers and brands to apply the learnings from these brands in their physical stores.<\/p>\n

    Going further and on a lighter note\u00a0 – or perhaps not \ud83d\ude42 – if we are to believe the philosophy of the Vedas, the Universe has a head start on “self-segmentation” and “customization of consumer experience” technology. According to it, the world and our experience of it is “Maya<\/em>,” an illusion product of our mind, and we are free to create and mold it, and experience it as long as we hold the illusion.<\/p>\n

    If that’s the case, our modern techies and marketers have a long time to go before they climb that technology curve.<\/p>\n

    The original article is available here: The Death of Consumer Segmentation?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    Michael Fassnacht raises pertinent questions about the traditional marketing hypothesis that the better we segment consumers, the better we know what is relevant and the better we can market to them. In fact, for the last few years “mass customization” and “a consumer segment of one” have been fashionable phrases thrown about in marketing circles.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[25,212,286,249,33,36,62,37,43,44,46,48,1],"tags":[176,177,102,104,105,106,442,248,252,361],"class_list":["post-1890","post","type-post","status-publish","format-standard","hentry","category-apparel","category-consumer","category-customer-relationship","category-e-commerce","category-footwear","category-lifestyle-fashion","category-market-research","category-marketing","category-retail","category-soft-goods","category-strategy","category-textiles","category-uncategorized","tag-consumer-behavior","tag-consumer-behaviour","tag-consumer-markets","tag-consumer-research","tag-consumer-segment","tag-consumer-segments","tag-customization","tag-e-commerce","tag-internet","tag-website"],"yoast_head":"\nCustomer segmentation - Learning from the Vedas - Third Eyesight<\/title>\n<meta name=\"robots\" content=\"index,follow\" \/>\n<link rel=\"canonical\" href=\"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Customer segmentation - Learning from the Vedas - Third Eyesight\" \/>\n<meta property=\"og:description\" content=\"Michael Fassnacht raises pertinent questions about the traditional marketing hypothesis that the better we segment consumers, the better we know what is relevant and the better we can market to them. In fact, for the last few years "mass customization" and "a consumer segment of one" have been fashionable phrases thrown about in marketing circles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/\" \/>\n<meta property=\"og:site_name\" content=\"Third Eyesight\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/thirdeyesight\" \/>\n<meta property=\"article:published_time\" content=\"2009-04-22T19:12:37+00:00\" \/>\n<meta name=\"author\" content=\"Devangshu Dutta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thirdeyesight\" \/>\n<meta name=\"twitter:site\" content=\"@thirdeyesight\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/\"},\"author\":{\"name\":\"Devangshu Dutta\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#\\\/schema\\\/person\\\/3387e3e154639976110997bbfd794504\"},\"headline\":\"Customer segmentation – Learning from the Vedas\",\"datePublished\":\"2009-04-22T19:12:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/\"},\"wordCount\":312,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#organization\"},\"keywords\":[\"consumer behavior\",\"consumer behaviour\",\"consumer markets\",\"consumer research\",\"Consumer segment\",\"consumer segments\",\"customization\",\"e-commerce\",\"internet\",\"website\"],\"articleSection\":[\"Apparel\",\"Consumer\",\"Customer Relationship\",\"e-commerce\",\"Footwear\",\"Lifestyle & Fashion\",\"Market Research\",\"Marketing\",\"Retail\",\"Soft Goods\",\"Strategy\",\"Textiles\",\"Uncategorized\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/\",\"url\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/\",\"name\":\"Customer segmentation - Learning from the Vedas - Third Eyesight\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#website\"},\"datePublished\":\"2009-04-22T19:12:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/customer-segmentation-learning-from-the-vedas\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Customer segmentation – Learning from the Vedas\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#website\",\"url\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/\",\"name\":\"Third Eyesight\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#organization\",\"name\":\"Third Eyesight\",\"url\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/1Third-Eyesight-Logo_small.jpg\",\"contentUrl\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/1Third-Eyesight-Logo_small.jpg\",\"width\":300,\"height\":168,\"caption\":\"Third Eyesight\"},\"image\":{\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/thirdeyesight\",\"https:\\\/\\\/x.com\\\/thirdeyesight\",\"https:\\\/\\\/linkedin.com\\\/company\\\/third-eyesight\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/#\\\/schema\\\/person\\\/3387e3e154639976110997bbfd794504\",\"name\":\"Devangshu Dutta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/012a87c79e0d264831754a4697b08591c94bae8759680eb7df12848f2f042243?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/012a87c79e0d264831754a4697b08591c94bae8759680eb7df12848f2f042243?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/012a87c79e0d264831754a4697b08591c94bae8759680eb7df12848f2f042243?s=96&d=mm&r=g\",\"caption\":\"Devangshu Dutta\"},\"url\":\"https:\\\/\\\/myechoproject.com\\\/TES\\\/author\\\/devangshu-dutta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Customer segmentation - Learning from the Vedas - Third Eyesight","robots":{"index,follow":"index,follow"},"canonical":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/","og_locale":"en_GB","og_type":"article","og_title":"Customer segmentation - Learning from the Vedas - Third Eyesight","og_description":"Michael Fassnacht raises pertinent questions about the traditional marketing hypothesis that the better we segment consumers, the better we know what is relevant and the better we can market to them. In fact, for the last few years \"mass customization\" and \"a consumer segment of one\" have been fashionable phrases thrown about in marketing circles.","og_url":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/","og_site_name":"Third Eyesight","article_publisher":"https:\/\/facebook.com\/thirdeyesight","article_published_time":"2009-04-22T19:12:37+00:00","author":"Devangshu Dutta","twitter_card":"summary_large_image","twitter_creator":"@thirdeyesight","twitter_site":"@thirdeyesight","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/#article","isPartOf":{"@id":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/"},"author":{"name":"Devangshu Dutta","@id":"https:\/\/myechoproject.com\/TES\/#\/schema\/person\/3387e3e154639976110997bbfd794504"},"headline":"Customer segmentation – Learning from the Vedas","datePublished":"2009-04-22T19:12:37+00:00","mainEntityOfPage":{"@id":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/"},"wordCount":312,"commentCount":0,"publisher":{"@id":"https:\/\/myechoproject.com\/TES\/#organization"},"keywords":["consumer behavior","consumer behaviour","consumer markets","consumer research","Consumer segment","consumer segments","customization","e-commerce","internet","website"],"articleSection":["Apparel","Consumer","Customer Relationship","e-commerce","Footwear","Lifestyle & Fashion","Market Research","Marketing","Retail","Soft Goods","Strategy","Textiles","Uncategorized"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/","url":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/","name":"Customer segmentation - Learning from the Vedas - Third Eyesight","isPartOf":{"@id":"https:\/\/myechoproject.com\/TES\/#website"},"datePublished":"2009-04-22T19:12:37+00:00","breadcrumb":{"@id":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/myechoproject.com\/TES\/customer-segmentation-learning-from-the-vedas\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/myechoproject.com\/TES\/"},{"@type":"ListItem","position":2,"name":"Customer segmentation – Learning from the Vedas"}]},{"@type":"WebSite","@id":"https:\/\/myechoproject.com\/TES\/#website","url":"https:\/\/myechoproject.com\/TES\/","name":"Third Eyesight","description":"","publisher":{"@id":"https:\/\/myechoproject.com\/TES\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/myechoproject.com\/TES\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/myechoproject.com\/TES\/#organization","name":"Third Eyesight","url":"https:\/\/myechoproject.com\/TES\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/myechoproject.com\/TES\/#\/schema\/logo\/image\/","url":"https:\/\/myechoproject.com\/TES\/wp-content\/uploads\/2022\/11\/1Third-Eyesight-Logo_small.jpg","contentUrl":"https:\/\/myechoproject.com\/TES\/wp-content\/uploads\/2022\/11\/1Third-Eyesight-Logo_small.jpg","width":300,"height":168,"caption":"Third Eyesight"},"image":{"@id":"https:\/\/myechoproject.com\/TES\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/thirdeyesight","https:\/\/x.com\/thirdeyesight","https:\/\/linkedin.com\/company\/third-eyesight"]},{"@type":"Person","@id":"https:\/\/myechoproject.com\/TES\/#\/schema\/person\/3387e3e154639976110997bbfd794504","name":"Devangshu Dutta","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/012a87c79e0d264831754a4697b08591c94bae8759680eb7df12848f2f042243?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/012a87c79e0d264831754a4697b08591c94bae8759680eb7df12848f2f042243?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/012a87c79e0d264831754a4697b08591c94bae8759680eb7df12848f2f042243?s=96&d=mm&r=g","caption":"Devangshu Dutta"},"url":"https:\/\/myechoproject.com\/TES\/author\/devangshu-dutta\/"}]}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/posts\/1890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/comments?post=1890"}],"version-history":[{"count":0,"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/posts\/1890\/revisions"}],"wp:attachment":[{"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/media?parent=1890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/categories?post=1890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myechoproject.com\/TES\/wp-json\/wp\/v2\/tags?post=1890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}