Methodology for Segmenting Industrial Markets: On the Basis of Buying Center Composition (Classic Reprint) by Jean-Marie Choffray (Paperback / softback, 2015)
Excerpt from Methodology for Segmenting Industrial Markets: On the Basis of Buying Center Composition This paper presents methodology for segmenting industrial markets on the basis of the pattern of functional involvement in the phases of the purchasing decision process. A decision matrix is developed as a structured measurement instrument to collect information about the composition of decision making units within target firms. The convergent and discriminant validity of the measurement obtained with this method is assessed. Parallel clustering methods are used lo identify segments of organizations that exhibit similar patterns of involvement in their adoption process. Discriminant analysis is used to assess the differences between segments in terms of external company characteristics. The implications of this segmentation approach for industrial marketing strategy formulation are discussed. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.