Segmenting food markets – The role of ethnocentrism and lifestyle in understanding purchasing intentions
Bahtişen KavakHacettepe University
Lale GumusluogluBilkent University
INTRODUCTION
The present study investigates whether lifestyle and ethnocentrism are valid indicators in segmenting markets for specificdomestic and foreign products. Market segmentation refers to dividing the markets into submarkets with similar characteristics. For domestic products, the demographic characteristics of the consumers (age, gender, income level, occupation, etc.) are typically enough to segment the market. However, when international players enter a new national market, effective segmentation requires that they recognise some new parameters: the consumers'...