Psychographic Segmentation Strategies And Sales Performance Of The Coca-Cola Company In Nairobi County, Kenya
DOI:
https://doi.org/10.53819/81018102t2496Abstract
Effective market segmentation is crucial for companies aiming to optimize sales performance in competitive environments. However, there is limited understanding of how psychographic segmentation specifically impacts sales outcomes for Coca-Cola in Nairobi County, Kenya. This study investigated the effects of psychographic segmentation strategies, focusing on consumer lifestyles, values, personality traits, and social class, on Coca-Cola’s sales performance. Quantitative data from 224 sales and marketing staff revealed a strong positive relationship between psychographic segmentation and sales performance, highlighting the importance of aligning brand messaging with consumer aspirations. The results indicate that psychographic-focused campaigns enhance emotional connections, boost consumer loyalty, and drive repeat purchases, ultimately improving sales. The study found a moderate to strong agreement that Coca-Cola tailors its products and marketing to diverse consumer lifestyles and psychographics, reflected by an aggregate score of 4.0632 (SD = 0.5193). Correlation analysis revealed a substantial positive relationship between psychographic segmentation and sales performance (r = 0.782, p = 0.001), while regression analysis showed psychographic segmentation significantly predicts sales performance (β = 0.304, p = 0.001). The study recommends increased investment in data-driven psychographic analysis and targeted lifestyle-oriented marketing to maximize sales growth in Nairobi County.
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