Article
Market segmentation in container shipping services: A qualitative study
Abstract
Purpose – Container shipping is a standardized business-to-business service market where carriers need to stay customer focused to survive. Market segmentation is an ideal solution to develop customized marketing programs for each segment, but container lines need personalized marketing programs for each customer. Hence, the purpose
of this study is to develop a segmentation framework that can help container lines to profile each customer more efficiently considering their needs, strategic importance, and demographics. Design/methodology/approach – This study has adopted an exploratory approach. Semi-structured interviews were conducted with managers of
container lines. Findings –Segmentation bases are the type of customer, container volume, loyalty, seasonality, decision maker, the industry of shipper, cargo characteristics, container type, destination region and export/import. Market segmentation in container shipping can be helpful in developing effective customized marketing offering, including effective price discrimination and customized marketing communications.