The BGIE Twenty (2021 version)
By
Cavallo, Alberto F.
/
Fabbe, Kristin E.
/
Fibiger, Mattias E.
/
Friedman, Jeremy
/
Hussam, Reshmaan N.
/
Pons, Vincent
/
Weinzierl, Matthew C.
Unlike traditional market segmentations that are based on a correlation of product sales or service with the attributes of the purchaser (such as age, gender, income level, and education level), jobs-based segmentation seeks to understand the causal roots of purchase-when a buyer needs to "hire" a product or service to get a "job" done. This note details the thought process and the methodology behind a jobs-based segmentation and provides numerous examples. It highlights three levels in the architecture of a job: 1) What is the fundamental job or problem the customer is facing? This includes political, functional, emotional, and social dimensions; 2) What are the experiences in purchase and use that, if all provided, would sum up to nailing the job perfectly? (The "hiring criteria"); and 3) What do we need to integrate, and how must we knit those things together, so that we can provide these experiences?
Collection: HBSP (USA)
Ref: HBS-718032-E
Format: PDF
Number of pages: 12
Publication Date: Dec 18, 2017
Language: English
Review date: Dec 15, 2020
What material is included in this case:
Description
Unlike traditional market segmentations that are based on a correlation of product sales or service with the attributes of the purchaser (such as age, gender, income level, and education level), jobs-based segmentation seeks to understand the causal roots of purchase-when a buyer needs to "hire" a product or service to get a "job" done. This note details the thought process and the methodology behind a jobs-based segmentation and provides numerous examples. It highlights three levels in the architecture of a job: 1) What is the fundamental job or problem the customer is facing? This includes political, functional, emotional, and social dimensions; 2) What are the experiences in purchase and use that, if all provided, would sum up to nailing the job perfectly? (The "hiring criteria"); and 3) What do we need to integrate, and how must we knit those things together, so that we can provide these experiences?
Read more
Year: Event Year Start:1998
Geographic Setting: Geographic Setting:Massachusetts;New York
Industry Setting: Industry Setting:Banking; Information technology consulting services; Banking & credit; Consulting services
Leave your rating
"The BGIE Twenty (2021 version)"
Register for free with IESE Publishing and enjoy all the advantages
What type of account do you want to create?
Choose account type
Professors
Academic Institutions
Companies
Individuals