A Geodemographic market potential analysis reveals that for a local retailer, 45% of the catchment area are in cluster 23 , 35% in cluster 45 and 20% in cluster 69. The Geodemographic index of usage of the retailer's product for each cluster is as follows:
Cluster 23 250
Cluster 45 180
Cluster 69 60
From this the retailer’s market potential 'index' would be
From the above, the retailer's market potential sales would be (assuming 1,000 households in the catchment area and a national average spending on the product concerned of £3.30 per week):
The stage in the family life cycle that is characterised by relatively low earnings but high discretionary expenditure is
The segmentation model for Tesco’s Club Card scheme starts with
Neurolinguistic Research suggests that: