Bases for segmenting consumer markets: Geography-region of the country or world, market size, market density, climate
Demographic segmentation- age, gender, income, ethnics background, family life cycle
Psychographic segmentation- market segmentation based on the basis of personality, motives, lifestyle and geodemographics
Benefit segmentation- the process of grouping customers into market segments according to the benefits they seek from the product
Usage rate segmentation- dividing a market by the amount of product bought or consumed